Cannon Exploration Inc. (fka CNEX)

[Carnac]

You are correct in your math but you fail to take in consideration that when CNEX hit 02 last time it was speculation. Now we have preliminary assay results confirming gold and we are going further now with a more detailed survey of the mining area. Gold prices keep going up which means by the time gold is extracted from Queen Alexandra we could see $1300-$1500 per oz on the market. When you buy a stock you are not buying for todays market value rather you are buying shares for their future value.
The next step is to hire a qualified person to over see the operation as it goes forward. I'm going to see what the next few weeks bring, as far as what edwin drives, I could care less.