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PCXCQ - .32 x .329 now. Still looks alright - FWIW
AMW - Almost $7.00 a share now.
AMW has a GREAT management team.
Don't you wish we had the same management team here?
lol
From: "Robert Meister" <rmeister@canyoncc.com>
To: "'Larry
Received: 14-Aug-13 11:42:55 AM
Hello Larry,
I hope you are doing well.
Yes I do anticipate an update soon, however when that "soon" is I don’t know.
There have been numerous grumblings around here about different options for Canyon Copper and I do anticipate something to happen sooner than later.
Ben (President) is currently out of the office for the rest of the week, as he had eye surgery, so contact me on Monday, and hopefully by then I'll have an update on any upcoming news from management.
Best Regards,
Bob
PCXCQ - .241 x .25 - Looks alright - FWIW
AMW - Sister company up over $6.00 a share with 400,000 in volume. We're sitting at .025 with no volume. Dispiriting for CNYCF shareholders... Different ends of the spectrum.
Nothing against AMW doing well. Just wish for something positive here.
I see AMW had news again today. Yet management can't find the time to give us an update... Piss poor focus here by management IMO...
From: "Robert Meister" <rmeister@canyoncc.com>
To: "'Larry
Received: 07-Aug-13 12:46:02 PM
Hello Larry,
I was just cleaning up my junk/spam mail and saw this message from you. Not sure how it ended up in there.
I hope you are doing well and enjoying your summer.
Recently, I spoke with management and requested that we prepared an update to shareholders news release, so that everyone can be brought up to speed with ongoing events. Management has taken it into consideration and I believe will prepare one shortly.
Best regards,
Bob
-----Original Message-----
From: Larry Sent: Wednesday, July 31, 2013 5:41 PM
To: Robert Meister
Subject: Re: CNYCF
Bob,
Do you think management will release an update for shareholders?
Thanks,
Larry
Over 2 years ago the company announced their phase I & Phase II drilling plans. Appears they are still in the Phase I stage...
Reading the info below I posted 1.5 years ago it's obvious they haven't done $hit since then.
Maybe 18 months from now they can get things started. Then again, they may write off this company like Tony did. What's it matter to them now? They're making out like bandits with AMW.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73153826&txt2find=phase|two
Phase I Exploration Program
The Company plans to commence phase I of its exploration program on the New York Canyon Project in July, 2011. The exploration program will involve the following:
1)Re-assaying the 2006 drill program Longshot Ridge drill pulps, duplicate samples, blank samples and standards by an independent ISO 17025 certifiable laboratory to determine proper quality assured copper values for these samples.
2)Revise Longshot Ridge resource estimate incorporating the additional information from the re-assayed values of the 2006 drill and systematic road cut samples.
3)Apply for permits to drill on and around the Longshot Ridge and adjacent copper oxide targets.
4)Apply for permits to drill the Copper Queen and Champion target areas.
5)Assess potentials of copper oxide systems similar to the Longshot Ridge at the nearby Power Line and Buffington mine workings.
6)Initiate further work on metallurgical testing and environmental base line studies for the Longshot Ridge deposit.
PR from August 16, 2011
The balance of the Phase One work programme (see news release dated July 18, 2011) is expected to be completed by the end of 2011.
PR from March 12, 2012 - Proposed Drill Program on Longshot Ridge
In late 2012, Canyon plans to drill test oxide mineralization that was identified to the north and northeast of the Longshot Ridge deposit. Two other areas of oxide copper occur in the north central part of the claims, the Buffington Springs and the Powerline Showings.
Proposed Drill Program on Moonlight Property
The drill program is planned for early summer 2012.
"We are in contact with Sandfield on a regular basis."
Well, that should be obvious since they are ran out of the same office by the same freaking people... LOL - Yet, after 6 months they still have no information to share with shareholders on Sandfield.
THIS AGREEMENT is made as of the 24th day of January, 2013.
AMONG:
CANYON COPPER CORP., a company incorporated under the laws of Nevada, with an address of Suite 408, 1199 West Pender Street, Vancouver, British Columbia V6E 2R1.
("Canyon")
OF THE FIRST PART
AND:
SANDFIELD RESOURCES (USA) INC., a company incorporated under the laws of Nevada with an address of Suite 408, 1199 West Pender Street, Vancouver, British Columbia V6E 2R1.
("Sandfield Sub")
OF THE SECOND PART
AND:
SANDFIELD RESOURCES LTD., a company incorporated under the laws of British Columbia with an address of Suite 408, 1199 West Pender Street, Vancouver, British Columbia V6E 2R1.
("Sandfield")
OF THE THIRD PART
Time & Sales for CNC -
07/29/2013 1:08 PM EDT 0.02 839 0 069 069
07/29/2013 1:08 PM EDT 0.02 277,000 0 069 069
07/25/2013 12:43 PM EDT 0.02 965 0 059 007
07/25/2013 12:43 PM EDT 0.02 135,000 0 033 007
07/25/2013 12:43 PM EDT 0.025 40,000 0.01 002 007
07/03/2013 9:48 AM EDT 0.07 2,000 0.05 007 124
07/03/2013 9:36 AM EDT 0.06 764 0.04 059 015
07/03/2013 9:36 AM EDT 0.055 420 0.04 059 014
07/03/2013 9:36 AM EDT 0.06 20,000 0.04 007 015
07/03/2013 9:36 AM EDT 0.055 16,000 0.04 007 014
06/27/2013 10:59 AM EDT 0.02 316 0 059 072
06/27/2013 10:59 AM EDT 0.02 1,000 0 033 001
03/20/2013 3:23 PM EDT 0.025 37 0.01 059 033
01/14/2013 9:47 AM EST 0.06 50,000 0.04 033 031
01/07/2013 11:54 AM EST 0.06 11,000 0.04 001 031
12/24/2012 11:41 AM EST 0.045 10,000 0.03 001 007
12/24/2012 9:30 AM EST 0.04 5,000 0.02 001 059
12/24/2012 9:30 AM EST 0.04 5,000 0.02 001 059
12/24/2012 9:30 AM EST 0.04 20,000 0.02 001 059
12/24/2012 9:30 AM EST 0.035 10,000 0.02 007 059
12/20/2012 11:45 AM EST 0.045 750 0.03 059 075
12/20/2012 11:45 AM EST 0.045 15,000 0.03 145 001
12/20/2012 10:58 AM EST 0.045 50,000 0.03 145 001
12/20/2012 10:17 AM EST 0.045 2,000 0.03 007 001
12/14/2012 2:26 PM EST 0.06 10,000 0.04 079 031
EVSV - .0011 x .0012 - I like it for a trade on that news as well. Great share structure for a stock at this level. FWIW
Yep - That is the case IMO. And I'm a fool for getting in way over my head here.
I haven't seen any files indicating insider purchases while these prices have been this low. Why wouldn't management buy up shares now? If they don't have confidence in their own company why would we have any?
I really hope they aren't forced to close shop before things get better.
I agree 100% with you. I also think there has been no update because they have nothing pertinent to share with us...
I believe we discussed back in January on how long of a process it can be for a company to be approved for the TSX. It may take 3-5 more months for Sandfield to get listed.
Well, I don't think there is anymore Bob can do or say. It's up to management.
An update would be nice.
Metals prices slide ahead of Fed decision
July 30, 2013 6:27 pm
By Jack Farchy
Industrial metals prices dipped on Tuesday as traders braced for the combination of Chinese manufacturing data and a Federal Reserve monetary policy statement this week.
The weakness took prices for many industrial metals back towards multi-year lows touched this year.
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail.
The falls come amid weaker demand in China, which accounts for more than 40 per cent of global consumption of almost all industrial metals. At the same time, production for many mined commodities is rising as investments made in the past decade’s boom finally pay off.
Chinese manufacturing data, due this week, have consistently underperformed expectations this year.
On the London Metal Exchange, benchmark copper prices for delivery in three months on Tuesday slid 2.1 per cent to $6,732.50 a tonne. In recent months the red metal, viewed by some analysts as a barometer of the global economy because of its widespread use in electrical wiring, has slid to a three-year low of $6,600 a tonne as investors fear that the Chinese-led boom of the last decade has ended.
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Other metals prices also slid, weighed down by a stronger dollar as traders positioned themselves ahead of Wednesday’s Federal Open Market Committee announcement on US monetary policy.
Aluminium prices on the LME dropped 1.3 per cent to $1,778.25 a tonne, while nickel was 1.1 per cent lower at $13,565 a tonne.
The price falls are putting pressure on producers of the commodities – particularly aluminium, which for more than a year has been trading close to the cost of production for some producers. Aluminium smelters from Rusal in Russia to Chalco in China have announced production cuts, and Alcoa – once a leader of the US industrial economy – has had its credit rating downgraded to junk.
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The nickel market has been similarly weighed down. Stocks of nickel at LME-registered warehouses have soared to record highs amid a surge in production of so-called “nickel pig iron” in China. Nickel inventories last week hit 200,000 tonnes for the first time on record, double the level of a year earlier.
“Nickel is the metal that continues to see selling,” said Walter de Wet, head of commodities research at Standard Bank. He pointed out that the number of nickel contracts on the LME had risen significantly in recent months, suggesting that investors had placed large bets on lower prices – or short positions – for the metal.
That's just a 4 month span out of nearly 3 years that I have been communicating with Bob...
Copper was $4.50 lb when I first bought in. The company had many plans. I don't know if they will be able to do anything now that copper is just a little over $3.00 lb.
So true... I think Bob is the only one with the company thinking about CNYCF.
You see a pattern below?
March 14 - We are making progress on a number of fronts.
April 3 - Myself and Management are very serious investors and shareholders in Canyon copper and do make up a significant percentage of the shares. We have bought at many levels of pricing let alone at these current levels.
April 29 - I am looking to have an update soon about upcoming work and work to be conducted by Sandfield.
May 3 - I'm just doing some clean up stuff here in regards to Canyon Copper as we start to prepare things to get moving.
May 17 - We are making progress on the Canyon Copper front and have a meeting on Tuesday to hopefully finalize a number of factors issues that will help in moving everything forward.
May 24 - Things are as hectic as ever around here. I also expect to receive an full update about Sandfield over the next week or so. I'm looking forward to getting some good news myself here too. I do know that there have been lots of negotiations and discussions of opportunities for the future of Canyon Copper.
June 7 - Now that the vote has been completed and the symbol changed I am hoping for some progress to start with our projects.
June 19 - I actually had a long discussion with Ben Ainsworth this morning about the progress with Canyon Copper. We actually have asked the other Board members to come in tomorrow to discuss things further with more of a "formal" agenda. As I have mentioned in the past we are evaluating a number of different possibilities in moving forward. The intent is to move things forward with being least dilutive as possible while trying to bring as much shareholder value in. My opinion (that has been verbally said to the management) is that we have ideas and potential options on the table, we need to do something. Let's choose a path that we can all agree on and start that process. The markets as a whole haven't been very forgiving to us or most of the resource sector companies but we (Canyon Copper) do believe that now can be an opportune time to reposition and focus on our goals. As you know, we are all shareholders and do have a vested interest in the Company and are doing everything we can to try to bring as much value to the company as possible. I'm pushing for all of us to get things rolling faster here.
July 24 - We feel we have strong properties that will allow an opportunity to grow Canyon Copper that will bring shareholder value. As the Management team are all shareholders we all have a vested interest in seeing Canyon Copper attain as much value as possible. Sandfield: We are in contact with Sandfield on a regular basis. They have completed the preliminary work but it wasn’t material information. The completed initial work to update the technical report for their listing application. We are in further discussions with them to see if there may be any future opportunities with our two companies going down the road when they are fully listed.
No doubt... Shocked because they all thought the company closed it's doors when Tony bailed.
They have physically done nothing for 2 years. Unless you count adding pictures to their out dated website of random guys looking at rocks... Very uplifting by the way :)
They're already here :)
Of course I'm joking... Just having a little fun. I just put more time and energy in trying to make a joke here than management has spent on this company over the last year.
Remember, Bob had to call management in June to remind them of Canyon Copper Corporation.
Could be 1 or 2 years before anything positive happens with CNYCF. Just the way it is IMO...
Charts don't lie! Coming off of bottom. Rocket set to launch any day now...
Chart looks great! We've moved up each of the last 2 trading sessions. About ready to break out here!
tchad77863
Wednesday, July 17, 2013 11:32:49 AM
Post # of 4668
Something BIG is happening at the end of July.
Copper Due for More Pounding
By TATYANA SHUMSKY
Commodities Corner | SATURDAY, JULY 27, 2013
There's a ton of the metal and a real shortage of buyers. China's slowdown is not helping.
Prices are getting squeezed on both the supply and demand sides, which will likely continue for the next six to 18 months.
The bank now expects copper to average $3.30 a pound in 2013—that's down 8.2% from its prior forecast.
Despite these problems, mining companies may be aggravating the situation. Prices remain higher than the cost of production, which Goldman Sachs estimates at $2.63 a pound, giving mining companies few incentives to reduce output in the near term.
Goldman says that companies and other market participants will be stirred to cut back production only if copper prices drop to between about $2.70 and $2.95 a pound, which it expects in the next six to 18 months.
Junior miners going bust? CEOs weigh in on state of the industry
Sprott Group
July 25, 2013
http://www.mining.com/web/junior-miners-going-bust-ceos-weigh-in-on-state-of-the-industry/
"The juniors are becoming cheaper and more efficient with capital as the market takes its toll”, Andy believes, “but the major mining companies, who are the target buyers for juniors and their deposits, won’t touch them right now. That’s because when times are tough, these big companies slash expenses, and the easiest place to make cuts is in acquisitions and exploration. This is very irrational behavior over the long run. These are the kinds of cyclical downturns where the majors should be the most aggressive in taking over exploration projects from juniors. Instead, they hunker down to preserve cash, and acquire projects once the market has revalued the projects higher.”
Good idea. I believe one of the investors here has already asked Bob that question. I don't recall if Bob answered the question.
Not sure we can say "someday" now.
They don't know who was buying the shares earlier this month. No reason for the run up expect some group trying to make a few bucks. Someone lost out on it by selling under .02.
To low of a share price to sell out now. Wait for a miracle or go down with the ship.
Go AMW!!!!! lol
Jefferson Starship - Miracles
I couldn't agree more with you. I've been thinking a lot about this lately as I watch AMW continue to uptrend while I wait for CNYCF to get delisted.
All the emails back and forth over the years and he never once mentioned ESO/AMW. As it's gone from .20 to 5.60 he still hasn't mentioned it. Instead he continued mentioning all the deals CNYC had on the table and how they were a near term producer. Drilling to start in January of 2011. How management is heavily invested in CNYC. Shareholders are top priority. Complete BS - IMO
Since CNYCF & AMW have the same management team I don't expect anything regarding CNYCF to take place for a long time. If ever... They'll make a killing from AMW. No need to focus on POS Canyon Copper.
Talking about their uranium sister company, AMW just had a 100,000 block go through at $5.55. And where does CNYCF currently sit?
I did get a response from Bob. Like I said in my previous post, Don't expect anything to happen anytime soon. I'm not being sarcastic or negative... It'll just take longer than expected. IMHO
Hello Larry,
Good to hear from you.
I was just writing to another shareholder which echoed your questions and concerns. I will share with you my thoughts about all of this.
Future Plans: With the current markets and the state of the resource sector as a whole your plans have to be fluid and able to change with the times. Even though we have a long-term goal and a thought of how to attain that goal, how we get there will take some strategic and carefully planned decisions to take advantage of the current markets (as they present themselves). We feel we have strong properties that will allow an opportunity to grow Canyon Copper that will bring shareholder value. As the Management team are all shareholders we all have a vested interest in seeing Canyon Copper attain as much value as possible and we are working diligently to do this.
Sandfield: We are in contact with Sandfield on a regular basis. They have completed the preliminary work but it wasn’t material information. The completed initial work to update the technical report for their listing application. We are in further discussions with them to see if there may be any future opportunities with our two companies going down the road when they are fully listed.
As mentioned, we are working diligently to try to bring as much value to the company as possible all while trying to be the least dilutive in these current markets. The resource sector has been hard hit but we believe with the strong management and great properties we can endure the current conditions and bring back value to all of us as shareholders.
If you would like any more specific questions answered, please don’t hesitate to contact me.
Best regards,
Robert (Bob) Meister
Don't expect anything from this company in 2013. Maybe next year at this time they may be able to get something going.
In August 2011 after they had just started trading on the TSX I said they had no idea what they were going to do. The PPS started dropping and has been going down ever since.
I said in March 2012 with the PR they issued that they had given up on 2012. I am saying now they have officially given up on 2013. Sandfield was just a ploy to by time. Tell the shareholders something was happening.. A horrible stab in the dark approach that has back fired on them.
Since December 2010 I have been told they had deals on the table and would be drilling soon. Near term producer doesn't mean anything hear anymore. Average mine to become a producer takes 7-20 years. They have been trying since 2004. So give it some time.
Now Bob isn't replying to emails because even he can't defend the company's lack of action. Same old line of working on deals with keeping shareholder value in mind. WTH? There is no value here? It is what it is.
I expect board members to resign and a reverse split in the near future. I will look to average down one more time around .01 - Just think its going to get worse before it has a chance of getting any better.
More like a "Clearance" or "Going out of Business Sale."
Bob hasn't replied to any of my emails. How about yours?
You were right! Something big is happening here at the end of July. A major reduction in share price...
$0.016 10,000 OTO 11:34:08
$0.02 3,600 OTO 11:15:30
$0.02 17,638 OTO 11:15:07
$0.0242 7,000 OTO 10:49:59
$0.0242 3,300 OTO 10:49:45
$0.0242 12,000 OTO 10:49:24
$0.025 10,000 OTO 10:22:13
$0.025 1,940 OTO 10:04:23
$0.025 5,000 OTO 10:03:44
$0.025 10,000 OTO 10:03:01
$0.0259 430 OTO 10:02:15
$0.03 670 OTO 07/19
$0.0293 670 OTO 07/19
$0.03 25,000 OTO 07/19
$0.0293 2,000 OTO 07/19
$0.03 10,000 OTO 07/19
$0.03 19,573 OTO 07/19
$0.0245 18,400 OTO 07/18
$0.055 700 OTO 07/16
$0.0242 527 OTO 07/15
$0.055 1,000 OTO 07/15
$0.08 100 OTO 07/11
$0.03 2,000 OTO 07/11
$0.03 158 OTO 07/10
$0.03 300 OTO 07/09
$0.03 300 OTO 07/09
$0.0564 1,000 OBB 07/08
$0.08 753 OBB 07/05
$0.05 11,206 OBB 07/05
$0.05 6,000 OBB 07/05
Key Major and Junior US Copper Miners
Friday April 12, 2013, 4:00am PDT
By Ragnhild Kjetland - Exclusive to Copper Investing News
http://copperinvestingnews.com/14643-copper-mining-united-states-arizona-idaho-minnesota-nevada-california-canyon-polymet-cumo-curis-equinox.html
Canyon Copper (TSXV:CNC,OTCBB:CNYC) owns the New York Canyon copper and molybdenum project in Nevada and the Moonlight porphyry copper project in California. At New York Canyon’s most advanced target, Longshot Ridge, the indicated mineral resource estimate is for 16.25 million tons at an average grade of 0.43-percent copper, hosting 139.75 million pounds of copper. Moonlight’s indicated resource estimate shows 161.57 million tons at an average grade of 0.324-percent copper. Canyon believes there is potential to “at least double” the size of the resource at the Moonlight project.
lol - I love the positive energy...
Here's my theory.
Everything goes in cycles. Commodities are at a 2 year low. I think the trend starts turning back up shortly. CNYCF has multiple PR's they are holding on to. They are waiting for the perfect time to release them. Once things start to move they want more ammunition to keep the stock price moving up like they have with AMW. My 2 cents FWIW.
If only life was that easy :)
AMW - Sister company back over $5.00 again. Great looking chart. Can't believe Bob wouldn't have mentioned ESO/AMW to us suffering in CNYC. Could of sold out of CNYC for a loss and put it into AMW for a huge return. ESO/AMW is up 25x since last November.
Can they repeat the success with CNYCF?
No kidding. SPARK has found some nice ones the last month or two. Great to see some investors doing well...
Nice job Walker!
LOL! Do me a favor please. Buy more shares until we hit .18 so I can unload mine :)
I doubt they'll do that... lol