CAY 0.00% 11.0¢ canyon resources limited

Sonamines joins forces with Chinese CREC 5 to develop the Ngaoundal and Makan deposits, page-17

  1. 1,123 Posts.
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    I couldn’t care less about Makan and Nagaoudal, when was the last time the company did any work there? you can’t even find them in the website under projects and there’s no map showing where they are located.

    The licenses duly expired last July so it wouldn’t surprise me to hear that now after some time, perhaps including some ‘show cause’ process with CAY, that they’re given to someone else. ‘Use it or lose it’ is common to many mature mining codes and is a good thing.

    But I’m just speculating, a lot of scope to leap to conclusions until we hear through official channels or via the company whats going on, if anything.
 
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