Ann: Quarterly Activities Report and 5B to 30 September 2017, page-15

First things first to have the caliber of Justin Gum and Chris Bowden on this management team is why I didn’t sell the last spike. Very high quality people for a minnow, these guys don’t grow on trees. What the board failed to do was either aquire the George’s Reward tenement or get WGX to drill it to maintain the assets momentum. WGX on last quarterly had not thrown any rods at it. SAU proceeding to release a lowball jorc and spend time and money here without either an agreement or acquisition is puzzling. If you look at the ore body model and the taper towards the tenement boundary that’s GR it’s not indicative of the what remnant jorc is extractable. Drilling exsist below GR but would not have the density for inclusion. Just including drilling at a high enough density from the other side would lift our extractable to around 41500 plus or minus 3000 from my rough calcs. This is without further ore grade finds just residual net to SAU only. It’s not clear who’s side of the fence this ore body continues on if at all. My hunch is it’s a stand off. Whoever has the ore body continuation on there ground needs the others property imo. If it’s on our side it could well be a company maker.
Not sure I can be any more transparent with previous post. You have been here five minutes mate, said Gubongs underwater, asked posters there portfolio % and what happens if it falls over. Your knowledge of how potential resource estimation at Gubong at least on here is lacking. A recon of available dry ground and sampling of upper levels is enough to make an inference of potential below this is because you don’t leave ore close to the surface when operational, these inferences can be extrapolated to known development before dewatering with a relative degree of confidence. No mining company in the world would dewater this fully to make a decision on economics and development hence scalability of plant mentioned. You came with agenda, most likely are close to management and tried to play mind games with posters who have been here even longer than I. I have clearly stated that I want more shares and will pay market prices whether they be up from here or down I will let the market decide. Your arrival here and puzzling questions revealed your motive. Been following this company for a while if you hadn’t noticed and Cannon may be much larger than you or I think. Or not,.
Some other directors I know would have had ore coming out or a drill drive punched into Cannon already. Just because I don’t like your buddies is neither here nor their. Further as this is now a very small part of my investable portfolio I am putting more time into research elsewhere.
Cheers.