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scooz
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what a chance to load some shares today..when this monsta goes..much green will be made by all
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scooz
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cnex primed and ready to run back into the .004's easily closed up 14.3%.mgmt brings a update early next week and the sky is the limit
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marinamel
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hey scooz....what is the deal with CNEX? Anyone still watching? CNEX is up almost 5% today.... was told it may be a good one to play.
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luckylindy
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CNEX NEWS:Cannon Exploration Announces Ongoing Developments on "Queen Alexandra" Gold Property
Aug 5, 2010 3:02:00 PM


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Email story | Discuss on ZenoBank | View more ads PHOENIX, AZ -- (MARKET WIRE) -- 08/05/10 -- Cannon Exploration (PINKSHEETS: CNEX) is pleased to announce that the company will be returning to the "Queen Alexandra" property near the end of August to resume the exploration program. Additional line cutting followed by an Induced Polarization (IP) survey will be performed in an attempt to locate any massive sulphides, and continue the delineation of the mineralized zone. The company will also complete a detailed soil and rock sampling program.

This next step follows up the company's previous program, which was conducted in late May and early June of 2010, under the guidance of a consulting geologist. The consulting geologist was engaged to conduct reconnaissance geological mapping of a portion of the property, and to report on the geology, exploration and geophysical survey (VLF) performed on the Queen Alexandra property. The mapping and sampling program took place intermittently between May 24th and June 4, 2010, and covered 2.2 km of proposed grid lines located on the southern portion of the property. Several samples were also collected for the purpose of identifying the mineralization relating to property and regional geology, as well as for assaying. Excerpts from the report/survey will be made available on the company's web site.

The Queen Alexandra property is located near the historic "Gold Rock" Mining Camp, about 100 kilometers south of the town of Dryden in northwestern Ontario, Canada. Gold was first discovered in the Manitou lakes region before 1894, and the local "gold rush" occurred from 1895 to 1912.Historically there were about 20 "mines" in the Gold Rock area which would currently be classified as prospects. There are 61 known gold showings, occurrences, prospects and deposits along the Upper Manitou Lake area (Gold Rock mining camp), including three past producers. Ninety percent of the known occurrences are located within what is referred to as the Manitou Straits Deformation Zone (MSDZ).The Queen Alexandra property is located within this zone.

About Cannon:

Cannon Exploration is positioning itself to emerge as a quality mineral resource Exploration Company in the North American mining industry, focusing primarily on properties located in preferred mining districts in Canada.

Forward-Looking Statements:

The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

Contact:
Investor Relations
1-866-365-4724 begin_of_the_skype_highlighting 1-866-365-4724 end_of_the_skype_highlighting
Website: http://www.cannon-exploration.com


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luckylindy
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cnex:video chart:http://ih.advfn.com/videos/stock-chart/cnex-technical-chart-8-5-2010_rwUUc MGF4Ak
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wolyton
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can't wait for tomorrows opening

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what i post is my opinion

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wolyton
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Cannon Exploration closed at $0.0023 Wednesday, trading 6,747,969 shares.

Cannon Exploration Announces Ongoing Developments on "Queen Alexandra" Gold Property

PHOENIX, AZ, August 5, 2010 -- Cannon Exploration (PINKSHEETS: CNEX) is pleased to announce that the company will be returning to the "Queen Alexandra" property near the end of August to resume the exploration program.

About Cannon Exploration

Cannon Exploration is positioning itself to emerge as a quality mineral resource Exploration Company in the North American mining industry, focusing primarily on properties located in preferred mining districts in Canada.

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what i post is my opinion

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