Replies to post #23750 on Cannon Exploration Inc. (fka CNEX)

[snowgator69]

good post smitter, This company seems to have good potential, very undervalued right now

[Carnac]

That is great news, I remember, I believe Karen mentioning they might be looking at more claims around the area.

[elmacanuck]

interesting stuff smitter ,,,,thanks
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CNEX More INFO

Ok here is more I have dug up in the older filing's.

Either some of it was revised or I flat out missed something huge.

Ok

1st) Feb 19th Filing.

CNEX must make by 5-31-2010 Cash payment of 10k and Spend 50k as part of there agreement to buy the Queen.

Then by 5-31-2011 They have to make another and FINAL payment of 150k Cash, and spend 150k on Exploration expenditure.

Link http://www.otcmarkets.com/stock/CNEX/financials

Now for the Big Part

CNEX Has 20 Claims comprising of 520 Hectares. Here is the BIG part which I never saw or I missed. The Claims are all optioned by IPMG INC of Toronto Ontario I could never find out who OWNED the Claims.

Now in the FEB 19th LINK,

CNEX ownes 550 Hectares and 32 Claims This is where they ADDED KABOOOOOOOOOOOOM

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=29230

[nosferatu]

Wow Smitter, If I knew dropping your mod position here was going to fire up your Amazing DD again, I'd of ask you to resign long ago! LOL

[sphindog]

Great DD, Smitt! Thanks for everything!

[thebloggingbanker]

Didn't you receive an email earlier this year from Karen stating Edwin wanted to retain his shares. Wanted to see his company grow?

Page 16 # 6

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=36015

Did your wife have her baby yet? Hope all is well in the land of SMITT

[TheTrade]

I think people should read this thread back in 02/01/2010 when stock reached 1.01.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=46120387