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Wednesday, April 10, 2013 12:46:50 PM
From: "Larry"
To: "Robert Meister" <rmeister@canyoncc.com>
Received: 02-Apr-13 3:28:11 PM
Good Afternoon Bob,
Last April there were multiple articles on Canyon Copper. One of them claimed a project the size that Canyon Copper proposed would create 250-350 jobs. I was hopeful these articles held some truth. A year later and we're at the same point we were back then. I'm a bit shocked at the inactivity of the company.
I'm not trying to be negative or sarcastic to you. Every time I think we are going to finally have progress we fall back. Seriously, can it get any worse for us than it is now? I'm so far down in this I don't ever think I can break even. And if you and management are as heavily invested as you claim to be you would have to be sitting worse off than I am. There hasn't been any insider purchases at these extremely low prices. Is that due to lack of confidence by management? It doesn't bode well that you are unable to find any large investors either.
I want to believe this company is truly doing what is best for all here. Am I to gullible?
Thanks for your time,
Larry
From: "Robert Meister" <rmeister@canyoncc.com>
To: "'Larry
Received: 03-Apr-13 9:58:31 AM
Larry,
I can appreciate your sentiment but everything I have said and what has been written is truthful. These things don’t happen overnight but, as with you, I agree that some things should be expedited. There are numerous factors in play rather than just "nothing happening" especially with a bad market for the resource sector as a whole. Canyon Copper is not alone in this situation.
From your point of view I can see why you would make the statement that there has been inactivity but I can assure you that work is ongoing.
Myself and Management are very serious investors and shareholders in Canyon copper and do make up a significant percentage of the shares. We have bought at many levels of pricing let alone at these current levels.
You have made your points and I have echoed them to our management. We do anticipate work to start up soon on both projects and hope to have some news flow but again, and I do apologize for repeating myself) there are numerous factors, options, opportunities at play here and we are trying to do what is best for the Company and its shareholders.
Keep in touch,
Bob
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