Replies to post #42266 on Cannon Exploration Inc. (fka CNEX)

[Srocco112]

How much time are you thinking?

Also, idk if this makes any sense or not but i thought of it before... I heard about Nov 5 releasing the earnings report for a few weeks now. Do you think that maybe edwin is diluting this stock so much to make it lower and lower, so that he can then buy up massive amounts of shares right before the releae date, putting upward pressure on the price thus making investors believe it is going to keep going up after the report is released? Kind of like what we saw with how the price went up prior to the interview?

[mknmoney]

agreed.own a million shares, gonna buy two mill today. go gold

[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.