Cannon Exploration Inc. (fka CNEX)

[Bahama Pete]

Bottom line is this. We either believe we have something huge here, or we don't. I hold 2.4 million shares, and will accumulate more as the risk continues to decrease. By coming out earlier then expected, with the financial report is a plus. Cannon showed us they have expanded the Queen with more claims, 400 million preferred, and 300 million restricted to Edwin. However, we held back 4 weeks on the Induced Polarization (IP), and starting it this month. I'm OK with that, knowing they needed that GEO report in first. The risk indicator has dropped considerably with the last updates. I'm now more bullish on CNEX, and I ain't waiting for no more blue light specials, or wishing for one. The time to buy is now, because tomorrow may be too late. I'm looking forward to the results of the GEO report...GLTY