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6.9¢ canyon resources limited

There could be more to this behind the scenes. It is Africa...

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grahod

6,005 Posts.

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23/02/22

14:27

Post #: 59763186
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Originally posted by 19crowe45: ↑

Interesting read. I for one am wondering at the implications of a power struggle in Cameroon regarding these assets.
I was also wondering why CAY didn't just apply for an extension of the trading halt.
Why was there a suspension from quotation which on the surface appears overly dramatic.
I do not share the same sanguine attitude that the majority of CAY holders appear to have regarding this matter.
At the very least it is a distraction and a disturbing influence of the processes that still need to be taken care of.
I am not generally a conspiracy theorist but am more than a little concerned that something more sinister may be taking place behind the scenes.
I feel there may be some very powerful forces at play for control and influence of this undoubtedly world class asset.
The CAY saga lurches on and I don't feel at all comfortable about all our optimism for positive results at the moment.

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There could be more to this behind the scenes. It is Africa after all. It also needs to be stressed Canyon haven’t the mining license yet, only an exploration license.

Can the exploration license be easily cancelled, can anyone answer that?

CAY Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.9¢		Change 0.000(0.00%)		Mkt cap ! $94.83M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.9¢	$629	9.123K

Buyers (Bids)

No.	Vol.	Price($)
1	55289	6.9¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	18155	1

View Market Depth

No.	Vol.	Price($)
1	55289	0.069
2	195600	0.068
2	269826	0.067
1	14000	0.066
1	65293	0.065

Price($)	Vol.	No.
0.072	18155	1
0.073	7646	1
0.074	77683	2
0.075	16567	1
0.078	5633	1

Last trade - 12.46pm 09/07/2024 (20 minute delay)

CAY (ASX) Chart