$Rig's Platinum Penny Alerts

[RIGATONI]

~CNYC .28 DD...

~September 11, 2011...

I made a second trip into NYC yesterday and met up with Bob Meister from CNYC. Bob is extremely professional and will be spending time in meetings over the next few days, which I believe will result in bringing some new exposure to CNYC. For me, nothing has changed with my investment; as funds free up, I would have no problem significantly increasing my position.


~CNYC DD previously posted and updated for those who are just starting their DD...

~March 4th 2011...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60613781&txt2find=cnyc|dd


I was lucky enough to reach Anthony Harvey, Chairman and CEO, had a long conversation with him and I think we could not be in better hands. A brief summary of why I believe that...


http://www.canyoncc.com/s/OurTeam.asp


*He was hired to come in and clean the company up , he fired all previously involved. The company did a reverse to clean out bad management.

*He has 50 years in mining business

*He has put 19 mines into production

*He has put 3 oil & gas projects into production

*He has worked on projects in 15 countries

*Just based on 43-101 report they have a big property with huge potential

*Conoco did the original driling and he bought all the data

*He said they increased the acreage and now thinks hypothetically they have 1.5 billion lbs of copper and that would have to be proven out with additional drilling to become accurate.

Do the math , whats Copper 4 bucks a pound?

*Institutions who own the stock, he knows well and they won't be selling for a long time in his opinion.

*Expecting listing at any time in Canada, rated tier 1 upon application . No guarantees.

*Potential future financing done for small amount maybe 2.5 million .Much higher than the current stock price imo

Just my impression of what I heard . Your own Due Diligence and buying/selling decisions a must, as always.

~Rig

~Januray 4th 2011...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58402811&txt2find=cnyc|dd


RIGATONI Share Tuesday, January 04, 2011 1:45:13 PM
Re: None Post # of 191203

~CNYC, I just spoke with the company, I had left messages over the Holidays...

I wanted to zone in/confirm on what potential cost for Copper extraction would be.

Since the mill is on site and the target is shallow, estimation of $1.50 per pound for costs.

That can drop dramatically when you add it the potential sales from Gold/Moly if it is present which looks apparent based on dd.

So, $4.50 a pound for copper or lets just use $3.50, so we have a $2.00 profit per pound. With 1.5 billion pounds estimated, lets use just 1 billion. That leaves us with 2 billion in profits and that does not include the whole property.

With an o/s of 100 mill(we are less than 70 mill) that equates to about $20.00 a share in copper.

I hope you are getting the picture here as to how cheap this still is imo.

I think I will add more here @ .35.


~Rig


~Dec 7th 2010...

Updated from my alert @ .08...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49698736&txt2find=cnyc

~Corporate web site...

http://www.canyoncc.com/s/Home.asp

~ Authorized = 131,666,666
~ Outstanding = 61,928,343 Held by Insiders = 46,128,343 approx.
~ Float = 15,800,000 approx.

~Previous/Recent News...

*November 24, 2010, 6:53 pm EST
Canyon Copper Announces Effectiveness of 79-For-100 Reverse Stock Split


The Company approved the Reverse Split in order for its capital structure to conform to the capital structure requirements of the TSX Venture Exchange.


*Mon May 3, 2010
Canyon Copper Announces Ni 43-101 Indicated And Inferred Resource On Longshot Ridge Copper Skarn Deposit At New York Canyon Project

VANCOUVER, BC, May 3, 2010 - Canyon Copper Corp. (the "Company") (OTCBB:CNYC) is pleased to announce that a Canadian National Instrument 43-101 report has been completed in which Giroux Consultants Ltd. estimated indicated and inferred resources on the Longshot Ridge copper skarn deposit at the New York Canyon Project. The New York Canyon Project is located in the Santa Fe Mining District, Mineral County, Nevada.


http://www.canyoncc.com/s/NewsReleases.asp?ReportID=397426&_Type=News-Releases&_Title=Canyon-Copper-Announces-Ni-43-101-Indicated-And-Inferred-Resource-On-Longsh...


~Management...

Do your homework on Anthony Harvey,Chairman and CEO..

This project was developed through to the bankable feasibility stage and subsequently sold to Phelps Dodge Corporation for US $40 million. Azco's second project, Piedras Verdes, in Sonora State, Mexico which was joint ventured with Phelps Dodge and was put into production by Frontera Copper Corporation at an initial rate of 70 million lbs. of copper per year.

http://www.canyoncc.com/s/OurTeam.asp