CAY 2.60% 7.5¢ canyon resources limited

Ann: Proposed issue of securities - CAY, page-40

  1. 177 Posts.
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    I share the frustrations with everyone here. The marketing team need to be fired. That being said i'm still investing in the fundamentals. Once the right boxes (bfs, mc, ml)are ticked i doubt the sp can be kept down.
    the risks
    - dealing with African nations but it seems to be reducing with all the twitter posts showing meetings with positive sentiment and Nfon in place to help drive the process. MC and ML seem to be very close(weeks away)
    - cheap Chinese takeover. Its unlikely that China will be the only player. There will be undoubtedly be competition given the size and quality of the resource.

    gltah
 
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