Post by
mrcashflow on May 01, 2018 6:42pm
Price is right
Purchased some shares of this company for my portfolio today, I figured the entry point was reasonable and with drill results due by mid month I didn't want to wait any longer. Hard to disregard Stephen Wallace when it comes to an exploration play, his past record has shown he know's what's expected to build shareholder value. Its refreshing to know the government of Saskatchewan is building awareness of the exploration potential in the area by providing a 2 million dollar airborne geophysical survey in southwest Creighton. Its by no coincidence that Canyon Copper properties sit smack in the middle of the area being surveyed.
The company has 7,280 Hectares of claims in the area of 4 past producing mines. In July, 2017, the Saskatchewan government re-opened the Creighton area for staking after a period of closure and Canyon staked a total of 13 claims blocks covering 2,851 hectares contiguous to south and west side of the Bootleg Lake Property. With this staking, Canyon increased the claim area to a total area of 3,718 hectares or 37.18 sq. kilometres, a 329% increase in area from their original option agreement.
With drill holes due mid May, expect them to bear fruit, and get the attention of the marketplace. The company will be exhibiting at the International Mining Investment Conference taking place May 15-16 in Vancouver at the Vancouver Convention Centre East. I'm sure Mr. Wallace may have a few samples on display at the booth for potential investors to see. Like what this company is doing and with a tightly held float this stock is set to move higher..Happy to be on board..