Canaco Resources (CAN-X) Stock Predictions - Stockchase
WATCH LIST
12
Canaco Resources (CAN-X)

ON STOCKCHASE SINCE Jul 2010

No longer Listed (May/13)

precious metals

Canaco Resources

CAN-X

1 watching          
Join the Discussion

Canaco Resources (CAN-X) SAVE Dec, 31, 1969, 7:00 pm

0.00 0 (100%)

This company is not ACTIVE.

What the experts are saying about CAN-X



  • All
  • Filtered
Signal Opinion Expert
COMMENT
Canaco Resources(CAN-X) 

July 26, 2012

This is trading at discount to cash now. Market had been expecting them to come out with a resource and when they did, the resource was a lot smaller, a lot lower grade and the management team has lost credibility.
precious metals
0 0 0 0 0
0 comments
This is trading at discount to cash now. Market had been expecting them to come out with a resource and when they did, the resource was a lot smaller, a lot lower grade and the management team has lost credibility.
precious metals
0 0 0 0 0
0 comments
Charles Oliver,

Senior Por, Sprott Asset Managem...

Price Price
$0.355
Owned Owned
Yes

SELL
Canaco Resources(CAN-X) 

March 7, 2012

Tough one. Has done really well. Raised a lot of money. In his letter he says to sell the stock.
precious metals
0 0 0 0 0
0 comments
Tough one. Has done really well. Raised a lot of money. In his letter he says to sell the stock.
precious metals
0 0 0 0 0
0 comments
Brent Cook

Exploratio, Exploration Insights...

Price Price
$1.160
Owned Owned
Unknown

BUY
Canaco Resources(CAN-X) 

December 15, 2011

Gold explorer/developer in Tanzania. One of the best performers in 2010 but a poor performer this year. A lot of this has to do with the risk trade coming off, especially for explorers. Very good asset. Key catalyst is probably coming in the 1st quarter of 2012 when there is a resource update when he expects they will be in the 2-3 million ounce range. In the 2nd quarter he is looking for a prefeasibility study.
precious metals
0 0 0 0 0
0 comments
Gold explorer/developer in Tanzania. One of the best performers in 2010 but a poor performer this year. A lot of this has to do with the risk trade coming off, especially for explorers. Very good asset. Key catalyst is probably coming in the 1st quarter of 2012 when there is a resource update when he expects they will be in the 2-3 million ounce range. In the 2nd quarter he is looking for a prefeasibility study.
precious metals
0 0 0 0 0
0 comments
Dennis da Silva

Managing D, Middlefield Capital ...

Price Price
$1.110
Owned Owned
Yes

STRONG BUY
Canaco Resources(CAN-X) 

October 25, 2011

Only problem is that you can’t drill it fast enough. Drill results continue to be outstanding. Problem is general market conditions. Especially at this level they are a buy. Tanzania.
precious metals
0 0 0 0 0
0 comments
Only problem is that you can’t drill it fast enough. Drill results continue to be outstanding. Problem is general market conditions. Especially at this level they are a buy. Tanzania.
precious metals
0 0 0 0 0
0 comments
James West

Publish an, Midas Publishing LLC...

Price Price
$1.660
Owned Owned
Unknown

COMMENT
Just broke its 200 day moving average. Could see support come in at the $3.40 level but could even go to $2. On smaller players, you have to expect a lot more volatility. If you see some volume come in around here, you might want to take a partial position.
precious metals
0 0 0 0 0
0 comments
Just broke its 200 day moving average. Could see support come in at the $3.40 level but could even go to $2. On smaller players, you have to expect a lot more volatility. If you see some volume come in around here, you might want to take a partial position.
precious metals
0 0 0 0 0
0 comments
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$3.900
Owned Owned
Unknown

TOP PICK
Canaco Resources(CAN-X) 

April 25, 2011

Gold exploration/developer in Tanzania. $1 billion market cap and he is looking for its initial resource by year end of several million ounces. Significant potential.
precious metals
0 0 0 0 0
0 comments
Gold exploration/developer in Tanzania. $1 billion market cap and he is looking for its initial resource by year end of several million ounces. Significant potential.
precious metals
0 0 0 0 0
0 comments
Dennis da Silva

Managing D, Middlefield Capital ...

Price Price
$4.710
Owned Owned
Yes

COMMENT
Canaco Resources(CAN-X) 

March 7, 2011

Have done very well buy is becoming a pretty steep valuation. Real interesting discovery in Tanzania. Has yet to go through it section by section and tie it together into a body that can be mined economically. Also have a discovery in Ethiopia that could add a lot of value but he hasn’t seen enough data to comment on it.
precious metals
0 0 0 0 0
0 comments
Have done very well buy is becoming a pretty steep valuation. Real interesting discovery in Tanzania. Has yet to go through it section by section and tie it together into a body that can be mined economically. Also have a discovery in Ethiopia that could add a lot of value but he hasn’t seen enough data to comment on it.
precious metals
0 0 0 0 0
0 comments
Brent Cook

Exploratio, Exploration Insights...

Price Price
$5.640
Owned Owned
Unknown

BUY on WEAKNESS
Canaco Resources(CAN-X) 

January 7, 2011

Announced 2 or 3 days ago that on lands they have in Ethiopia, they have a poly metallic high-grade deposit.
precious metals
0 0 0 0 0
0 comments
Announced 2 or 3 days ago that on lands they have in Ethiopia, they have a poly metallic high-grade deposit.
precious metals
0 0 0 0 0
0 comments
Michael Smedley

Exec VP & , Morgan Meighan & Ass...

Price Price
$5.360
Owned Owned
Yes

WAIT
Canaco Resources(CAN-X) 

November 8, 2010

Great exploration story over the last couple of years. Recently a couple of groups have show ownership of nuisance claims. Company is dealing with them. Thinks they will get resolution by the next quarter.
precious metals
0 0 0 0 0
0 comments
Great exploration story over the last couple of years. Recently a couple of groups have show ownership of nuisance claims. Company is dealing with them. Thinks they will get resolution by the next quarter.
precious metals
0 0 0 0 0
0 comments
Charles Oliver,

Senior Por, Sprott Asset Managem...

Price Price
$3.170
Owned Owned
Unknown

HOLD
Canaco Resources(CAN-X) 

September 13, 2010

There has been a great little rally in the Junior and mid-cap gold sector over the last 2 months.
precious metals
0 0 0 0 0
0 comments
There has been a great little rally in the Junior and mid-cap gold sector over the last 2 months.
precious metals
0 0 0 0 0
0 comments
Robert Lauzon

Deputy Chi, Middlefield Capital ...

Price Price
$2.850
Owned Owned
Yes

BUY on WEAKNESS
Canaco Resources(CAN-X) 

July 29, 2010

Gold play in Tanzania. Have come up with some great drill results and have been successful with follow-up drilling. Has run a little ahead of itself on the valuation but would like to get in at a lower price.
precious metals
0 0 0 0 0
0 comments
Gold play in Tanzania. Have come up with some great drill results and have been successful with follow-up drilling. Has run a little ahead of itself on the valuation but would like to get in at a lower price.
precious metals
0 0 0 0 0
0 comments
Charles Oliver,

Senior Por, Sprott Asset Managem...

Price Price
$2.030
Owned Owned
No

TOP PICK
Canaco Resources(CAN-X) 

July 22, 2010

Gold. Came out with some fantastic drill results in Tanzania, 37 m with 12.5 g. Looks like they are going to have 3 million ounces ultimately. Open pit and low CapX.
precious metals
0 0 0 0 0
0 comments
Gold. Came out with some fantastic drill results in Tanzania, 37 m with 12.5 g. Looks like they are going to have 3 million ounces ultimately. Open pit and low CapX.
precious metals
0 0 0 0 0
0 comments
Peter Hodson

CEO & Head, 5i Research Inc....

Price Price
$1.550
Owned Owned
Yes

Showing 1 to 12 of 12 entries
Successfully Saved Company
Successfully Saved Company
1+
JOIN THE DISCUSSION
1 comments in the last 7 days