Replies to post #14718 on Cannon Exploration Inc. (fka CNEX)

[cwl]

I think you are trying to muss up all these people's chart wizardry and wild claims with good, solid facts. ;)

[trazbull]

WOW...one hell of a great summary!!!! deserving of a sticky post!

[dankedagain]

That was like the best posr ever , tons of good info. Thanks for sharring !!!

[$pmlg]

BM for You...excellent DD... I have had a long time endearment to gold and precious metal plays since 1985... I havent seen any a well thought out review of a stock...well done...

Gold prices will resume it long term trend... its just a matter of time, to retest and run again...

and THAT is when all the spec juniours RUN in price.

[poopster]

Wow, that was one of the most well written and informed post I've seen. Keep it up, thanks

[Borealis67]

Wow.....great analysis stock girl!

[Tanaka]

That is an excellent breakdown Stock Girl ... great research, great write up

[castboy]

DAM I LIKE and I am not talking about the post but it is good to.

[danno555]

Great job Stockgirl, and I have 1000000

[oryx]

Stock Girl, I have a question about the numbers.

Your calculation of the ore from the Alexandra mine is as follows:

85 feet (length) X 85 feet (width) X 85 (height)== 614125 cubic feet of materialized material

Assume 10 cubic feet per ton for weight (as website did) So 614125 / 10== 61412.5 tons


31.1 gram== 1 troy ounce
14.47 (AU grams per ton) ==.465 ounces
.465 ounces X 61412.5 tons= 28,573.59 ounces of gold TOTAL
Now if we plug in the price of gold per ounce--- $1,212.37 USD X 28,573.59 ounces ==$34,641,772.12

If you look in the ibox, the historical report of the Alexandra mine says the shaft was "85 feet deep, vertical, and 6 by 10 feet in size", not 85 x 85 x 85. Is the 85 x 6 x 10 correct? If not, where did the 85 x 85 x 85 come from? If the 85 x 6 x 10 is correct, that makes the volume of ore removed 0.0083 times the original calculation, which makes the ore value around $290,000, not $34M. I didn't check the rest of the calculations which I assume are correct.

[Californicator]

Damn....Stock Girl,....Thats one helluva dd post....Alot of thoughts running threw your head....Nice read.