Mid 2018 Canyon released a timeline to development. They have been right on track and that’s a bad performance??
.. and if you’re making reference to the share price you’re right off the mark there as well.
Canyon is a speculative company and the obligation is to develop assets into a revenue stream. Until that happens markets cannot determine an accurate valuation taking into account revenue is the main metric used by the markets to calculate if a price is under or over valued.
Ann: Minim Martap Mineral Resource Estimate Upgrade, page-89
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