Canasia Industries Corporation V.CAJ

clone

[spugetz]

Looks like we are getting rolling on the clone project, according to TUO release on sedar. Should easlily get enough ore on the bulk sample to pay for the equipment and then some with the grade we have there. Unbelievable that we are trading at these levels. Those that know are all smiles.

 

"The 2012 season on the Clone property has begun with the purchase of a Kubota excavator, a compressor and a Bobcat. These items were thought necessary to properly bulk sample the mineralized material under the Trench 4 to 7 areas in the H-1 zone. Results of this year’s bulk sampling will be announced when received."

[td516]

is there any indication  in tuo release  on sedar. that caj will be the operater on the clone [or has the caj option lapsed ????] glta

[spugetz]

CAJ will not be the operator until the 5 year agreement is up. I think next year some time. Pretty easy to satisfy the required expendature in the agreement when you make money while you are exploring. Shouldn't be too tough to pull out $1 million plus on this year's program and we will have the equipment free a clear for next year instead of paying someone else to come in. This property

[td516]

hey i for one sure hope your right  on this one [it's been a long wait lol ] glta