Fullgold, besides that Canamex is a Spock recommendation, why should we own it? I see high share count, 4M of debt, several warrants outstanding and a Pea published in 2016 that only has NPV of 40 Mil and an all in Cash costs of $960. Of course based on its low market cap the share price can go higher, but this can be said of several other small explorers with published PEA too.
Fullgold, besides that Canamex is a Spock recommendation, why should we own it? I see high share count, 4M of debt, several warrants outstanding and a Pea published in 2016 that only has NPV of 40 Mil and an all in Cash costs of $960. Of course based on its low market cap the share price can go higher, but this can be said of several other small explorers with published PEA too.
Spock is the CEO.
Other than that I don’t know much about it…but its one of my rocks…Holding 20 beaten down explorers….all bought at Rock Bottom.