Cannon Exploration Inc. (fka CNEX)

[Paternoster7]

I agree. I have been accumulating since last May - I have 3 million shares. I have a friend who just sold out his 10 million share position because he got frustrated after the radio spot. I think that was a big mistake. The big boys who really accumulated still have their positions from what I heard. These are my scenarious from worst to best:

Pump and dump - (God doesn't like ugly so if that is the case watch out p&Ders)

There is really nothing there and we are being sold a dream. Based on the price of gold Edwin et al figure as the tide rises so will the value of the mine (even with very little gold).

There will be a reverse split, a price run and another round of dilutions.

There is gold and they are acquiring land and eventually the news will be substantial and the price will run.


Gold is found, a mining company partners with CNEX and the shares trade in tandem with the surrounding companies at 3-5 bucks a share (I can only imagine

There is a company or companies interested in the property (maybe an Asian company - maybe from China), an offer will be made and accepted and......

So these are my scenarios. If it hits - great, if it tanks too bad so sad I have a write off. But I refuse to be negative about this. I had fun imagining all the good stuff. A dollar and a dream. Have a great day, keep looking up and lets keep the dream alive.