Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You gave away the SURPRISE!
I hear ya, but it is a positive step :)
Canyon settles indebtedness for accrued management fees and loans
VANCOUVER, Jul 16, 2013, 2013 (Canada NewsWire via COMTEX) -- TSXV: CNC
Canyon Copper Corp. ("Canyon") (TSX-V: CNC) announces that it has settled approximately $475,000 in amounts owed to a former officer and director of Canyon for outstanding management consulting fees and loans payable, and an additional $275,000 owed to Benjamin Ainsworth, Canyon's current Chief Executive Officer and President for outstanding management consulting fees.
Anthony R. Harvey, Canyon's former Chairman and Chief Executive Officer, agreed to cancel CAD $275,000 in unpaid management consulting fees payable to ARH Management Ltd., Mr. Harvey's management consulting company, and agreed to settle CAD $150,000 and USD $50,000 in loans payable, plus accrued interest, for a total CAD $20,000.
In addition to the settlement with Mr. Harvey, Mr. Ainsworth agreed to cancel CAD $275,000 in unpaid management consulting fees payable by Canyon to Ainsworth-Jenkins Holdings Inc., Mr. Ainsworth's consulting company.
Mr. Ben Ainsworth commented, "This was a prudent financial decision that will assist in the potential growth and financing of the Company."
On behalf of the Board of Directors,
"Benjamin Ainsworth"
CANYON COPPER CORP. Benjamin Ainsworth, President
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE: Canyon Copper Corp.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2013/16/c7875.html
SOURCE: Canyon Copper Corp.
CONTACT: Contact: Canyon Copper Corp. Investor Relations 1-888-331-9326 (604) 331-9326 (604)
684-9365 (FAX) info@canyoncc.com
Copyright (C) 2013 CNW Group. All rights reserved.
-0-
Still no word from Bob Meister - FWIW.
Others have asked if I received a response yet. They haven't received one either.
Copper Mining Companies Listed in Canada
http://www.miningfeeds.com/copper-mining-report-canada
Canyon Copper is not on the list. Take a look at the current prices of all the companies compared to their 52 week high.
Yep - CNYCF looks to be headed in the same direction as mjx.v
That's how trading has gone for me the last 3 years.
Very nice find... Sorry you couldn't enjoy the ride.
lol - Good idea! Problem is, there is no one with the company that is willing to hang a sign. It's to much work for any of them to do...
Ask Bob if you can join their advisory board :)
Are we expecting to much from this company? Asking them to finally start doing something is just way more than one should ask for. After 6 months there is still no info pertaining to Sandfield. Shame on shareholders for trying to obtain information on Sandfield.
Someone has a 134,800 order in at .054 - They want out. Good luck getting anyone to buy that many shares at this level.
There are many POS stocks that investors are stuck in. CNYCF just happens to be the POS stock that we're stuck in...
Hopefully you'll have decent weather the remainder of your stay. Very hot and humid where I'm at...
Tomorrow? eom
CNYCF - .0242 x .055 - Back To Life, Back To Reality...
Management has been on vacation the last 2 years from Copper Canyon Corp. It's only fair they give Bob a week off from the work they have him doing with Alpha Minerals Inc.(AMW)
Sounds like a real good time for you and your wife. Have a fun and relaxing time...
Time & Sales
$0.03 158 OTO 09:30:11
$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
$0.0451 1,385 OBB 07/05
$0.0496 1,688 OBB 07/05
$0.05 10,000 OBB 07/05
$0.065 1,152 OBB 07/05
$0.065 1,267 OBB 07/05
$0.077 496 OBB 07/05
$0.077 10,000 OBB 07/05
$0.077 10,000 OBB 07/05
$0.077 8,000 OBB 07/05
$0.08 725 OBB 07/05
$0.0794 2,000 OBB 07/05
$0.0794 1,000 OBB 07/05
$0.0842 5,000 OBB 07/05
$0.09 75,300 OBB 07/05
$0.09 9,483 OBB 07/05
$0.09 50,000 OBB 07/05
$0.08 10,000 OBB 07/03
$0.08 30,000 OBB 07/03
$0.09 35,000 OBB 07/03
$0.09 4,444 OBB 07/03
$0.09 4,444 OBB 07/03
$0.09 3,673 OBB 07/03
$0.09 1,327 OBB 07/03
I've heard others haven't received responses from Bob Meister in the last week. Kind of odd since it coincides with last week's volume & price spike. I sent him an email this morning. Maybe he's on vacation. I'll let everyone know if I get a response.
I like the way the volume has kicked in today...
Anyone notice the spread on CNC? .02 x .14 - Pretty crazy... Not like CNYCF spread isn't bad enough.. lol
I figure there'll be a PR stating the work Sandfield completed on the Moonlight Property per their agreement from back in January. An updated technical report on the property.
(c) incurring $100,000 of exploration expenditures on or before May 31, 2013;
Things should heat up if/when Sandfield is approved for the TSX and or Copper Canyon doing some potential other deals...
JMHO
Looks like I should of extended my vacation. Up to .12 last week and now drifting back down on air? Yep, makes perfect logical sense here...
FWIW - Their other company is doing extremely well. Could bode well for us here if they focused any time and energy to Copper Canyon. Checking for a pulse... Sandfield who?
Let's keep it moving up :)
I'll try to keep updates. Out of internet service a lot of the way to Yellowstone. Almost there now.
Good luck to all....
I just got an email from a good friend telling me CNYCF was doing well.. My sarcasm and I need to go on vacation more often.
Let this be the beginning of a long gradual
I need .18. That's 7.5 x's the current price per share. Not sure we'll ever see it that high again without a reverse split.
Heading on a family vacation to Yellowstone next week. Looking forward to getting away. Hard to leave during such an exciting and busy time here. I mean management is really busting their asses to get things moving along. The IR called them all up out of their deep slumber to hold a meeting half way through the year. Absolutely amazing! He had to explain to them that it's time to START doing something. To come up with a plan! Yee Haw! I can feel the energy building now.
I wish I could keep up with all the activity on Copper Canyon while I'm gone. I don't want to miss a thing. And you know a lot can happen in a week around here. You guys please keep me updated. I'll be checking my email every few minutes....
Everyone knew it as soon as they released the PR in January... Bothers the $hit out of me how they won't release any info to shareholders on Sandfield. Just supports what we believe.
Notice how Bob is using this quote in his responses to shareholders lately?
Please ask him why after 5 months there still is no information on Sandfield. Thanks...
Don't you think if they actually had something they would have progressed further along by now? Supposedly options on the table for 2 years now and nothing to show for it... Doesn't add up does it?
That part of his email makes me feel worse about our situation here. The IR guy has to try to get management together to do something. Seriously? He's trying to get them to realize that they finally have to do something? They don't have a plan/path after all this time. No starting point... Where the hell is the advisory board they put together?
He's pushing for things to roll faster here. Nothing is being done. Is it possible to move "nothing" faster?
Good luck to Bob on getting management to accomplish anything. I guess he's our last "hope."
Thanks for being honest. It is as you say it is. IMO - No way to spin it that makes things here seem sunny and bright. (At least at the moment anyway) Fingers crossed...
Yep... The only thing they were to accomplish in the first half of this year. Which they may have done, but big deal. Do as little as possible so as not to be considered an empty shell.
This company is definitely not ambitious(Having or showing a strong desire and determination to succeed) No motivation or eagerness to move forward.
Who knows, maybe Sandfield is a real company? Shareholders sure don't know. Need news approved by the TSX to confirm this...
Better days ahead, I guess...
We need news that Sandfield incurred $100,000 of exploration expenditures on or before May 31, 2013.
Would be nice to get a PR next week. I assume they'd have something to release half way through the year. Any info pertaining to Sandfield would be appreciated.
No response from the company this week to my emails.
Agree on all accounts. eom
Time & Sales
$0.0590 827 OBB 15:02:38
$0.0590 9,173 OBB 15:02:38
$0.0350 527 OBB 14:57:06
$0.0544 4,315 OBB 14:45:43
$0.0520 45,685 OBB 14:42:30
$0.0520 4,439 OBB 10:55:18
$0.0520 1,000 OBB 10:43:28
$0.0520 2,000 OBB 10:43:16
$0.0600 250 OBB 09:30:10
$0.0500 22,600 OBB 05/29
$0.0500 1,000 OBB 05/29
$0.0500 4,210 OBB 05/29
$0.0500 2,175 OBB 05/29
$0.0500 10,000 OBB 05/29
$0.0480 9,100 OBB 05/29
$0.0443 2,391 OBB 05/29
$0.0431 500 OBB 05/29
$0.0500 10,000 OBB 05/29
$0.0431 4,400 OBB 05/28
$0.0420 25,000 OBB 05/28
$0.0530 20,000 OBB 05/28
$0.0420 1,569 OBB 05/28
$0.0420 4,000 OBB 05/28
$0.0420 10,000 OBB 05/28
$0.0390 9,000 OBB 05/28
$0.0371 736 OBB 05/28
$0.0300 264 OBB 05/28
$0.0420 300 OBB 05/24
$0.0420 2,295 OBB 05/24
$0.0403 2,629 OBB 05/24
Glad to see some buying pressure here this past week. The large seller does appear to be gone.
Let's see them right this ship...
Wow - I just noticed their sister company is back up to $4.00 a share. (AMW)
I grabbed some .035's last week. Hope all goes well. I would think(hope) there will be an update next week or next.
It's definitely been a downhill slide for Copper Canyon since being approved for the TSX 2 years ago. Is it possible this will ever turnaround?
"Wish in one hand, $hit in the other. See which one gets filled first."
An update of Sandfield being listed on the TSX would definitely be a positive development that could get things rolling in the right direction. Management has done a great job with our sister company. I thought it was a complete POS. Look how wrong I was. They have had a positive news flowing for months. I'm ready for that stage here...
LOL...
You're just trying to get cheaper shares by scaring everyone who bought this POS in the .30's & .40's to sell here at .025 - I know your game... You've been doing this all the way down from .40's. Is this POS not cheap enough for you yet? LOL
Real company? Copper Canyon is just as real as Sandfield!
"incurring $100,000 of exploration expenditures on or before May 31, 2013"
Which comes first? Exploration expenditures or TSX listing for Sandfield.
Either one is fine with me. I just want to know Sandfield actually does exist.
We may start to see/hear some progress. Doesn't Sandfield have to perform work by a certain time frame? If so, I think it's coming up pretty soon.
Volume at .03 - eom
Nice Bid support now. Clear out the seller(s)...