Cannon Exploration Inc. (fka CNEX)

[Lochan]

What I'm waiting for is an estimate of the reserves. These gold mining exploration companies take a lot of patience. The current pps is probably rock bottom, though, so it is a great time to add to one's position, if one has the powder.

I like the way the Company handled the announcement of preliminary assay results. They could have pumped the mine's commercial viability to the hilt based on those results, but they didn't. Instead, they took a very sober approach and avoided encouraging the irrational exuberance of investors.