Taking it to the streets. Stockhouse.com: Taking it to the street
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RE: Canaco Announces All Remaining Drill Results a
 

The best part of the NR is the company "still" has $95 million cash and no debt. And here we are, the market values the company at $70 million. Not only are the million ounces of gold in the ground worth nothing, but the market is saying here we will give you $25 million to take the gold away. We don't want it.

I understand many got screwed by this stock, and trust me I know what that is like. Still, setting that aside - as investing with emotion is never a good thing, Canaco has $95 million in cash and about 1 million ounces of gold in the ground that would be worth about $1600 million ($1.6 Billion) if extracted.

This company is worth much more than the $70 million the market has given it. I think we all know that. And I have no doubt this stock will appreciate when the emotion fades away.

 

 

 

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Pacific North West Capital Corp.
Pacific North West Capital Corp. (TSX: PFN; OTCQX: PAWEF; Frankfurt: P7J) is a mineral exploration company focused on the discovery, exploration and development of PGM and nickel-copper sulphide deposits in geologically prospective regions in North America, particularly Canada. The Company's key asset is its 100% owned River Valley PGM Project in the Sudbury region of northern Ontario. The River Valley Project is one of North America's most advanced primary PGM deposits...