Replies to post #6088 on Cannon Exploration Inc. (fka CNEX)

[DTGoody]

Excellent Post!

[Carnac]

Smitter you are right to stay positive, keep up the good work moderating this board. My problems with CNEX is with the CEO!

[kirbling]

Form D filed with SEC 4/20/2010

http://www.sec.gov/Archives/edgar/data/750455/000075045510000001/xslFormDX01/primary_doc.xml

[cbrad10480]

I can't speak for smitter, but I have averaged down twice.

I bought in at .02, then again at .007 and lastly; at .0038

My average is .0059 which would require the current pps
to be a 5-bagger just to break even!!

To say the least, I am "SEVERELY PISSED OFF" at the recent
unannounced, Surprise Dilution...and the lack of communication
from our new Transparent CEO.

Transparent, yep; that's the correct definition; not a peep or
anything out of him as our positions lost 90 percent of their
value.

I feel that I must average down again, but I must make sure the
bottom has been tested first. We are so close to triple-zeros,
a whole new crowd of bid-sitters will drive this all the way down.

Best of Luck to Everyone!!


cbrad

[jackblack1968]

good post!!!

[enzo1968]

Okay smitter I feel your pain but mr.solano needs to show us where and how they plan on using these funds. If they use these funds for core drilling samples then okay your right he suprised us all but if he uses the funds to go to pink taco by his office on camelback rd then he should be skinned alive and thrown in a taco himself.