Cannon Exploration Inc. (fka CNEX)

[Talc Moan]

GOOOD Morning World, Good Morning CNEX,

After being alittle down yesterday I am gonna look at the Higher Share count as a Moot Point till we get clarification on what is going on.

It's too easy to look at things the down way, when we do not have the facts.


Happy Trading all, Let's not speculate on just negativity, there are plenty of ISSUED billion shares companies over .02 are float is still only 261 million.

My Guess they raised the Authorization on the Hopes of finding big time minerals. If we have an Authorized of only 800 mill, With 360 mill tied up in restrictions and 260 mill out there due to recent financing, How is CNEX gonna position themselves for more financing without giving them some room to make a move once the Assay's hit. This could up there credit, without killing us as well.


Smitter SMTT