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Author Topic: CNEX
mbmurray
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Mining company was 0.05 in October

As of : 09/29/2009

O/S: 67,747,780

RESTRICTED: 60,126,546

FLOAT: APPROX 7.6 MILLION SHARES


Trading at 004!

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snowgator
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Their company's business is mineral exploration, resource development, and where appropriate, the development of strategic resource investments. In pursuing its objectives, Cannon Exploration Inc: Focuses its technical and managerial skills on prospective geological environments such that well managed and efficient evaluation will unlock the potential for the discovery of significant economic mineral deposits.
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snowgator
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looks like it closed green on Friday.0135 up 3.85%. Could be an interesting week.IMO
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snowgator
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CNEX Strategy
Cannon Exploration Inc. will aggressively be acquiring and developing early stage mineral exploration projects in Canada. To develop these projects, they have assembled an expert technical team of geologists, technicians and geographic information system specialists. Seasonally they also contract geologists specializing in specific types of mineralization to assist with their field programs.

Cannon Exploration Inc primary strategy is to employ a joint venture model to advance the properties, reduce the risks of exploration to shareholders while maintaining a significant interest in the property in the event of a discovery. The work conducted by any of their joint ventures partners will enhance their mineral exploration program.

The next step of their strategy is to spin-off successful exploration projects into new companies, spotlighting their value in order to increase shareholder equity.

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snowgator
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Key developments for CANNON EXPLORATION INC (CNEX)
Cannon Exploration Inc. Provides Drilling Update 09/25/2008

Cannon Exploration Inc. announced that the initial reconnaissance program undertaken on the Queen Alexandra Gold Mine, located outside of Dryden in Northern Ontario, Canada, has been completed. A limited ground geophysical survey conducted by Major Management Exploration Services (MMES) indicated a conductive zone in the immediate shaft area located on the property. The survey also reconciles with and supports the known historical information that mineralization is present in that area, and trends along the same zone where the one shaft and exploration pit, as well as several trenches, exist. Cannon will now move to the next stage of exploration by establishing a complete grid of the property with a control baseline, and conduct additional ground geophysics, east and west of the shaft. This next phase will also include the collecting of rock samples along the geophysical conductor axis, and thorough investigation of the old shaft area and rock structure. Cannon Exploration will commence with this next phase of exploration on or about October 01, 2008.

Cannon Exploration Inc. has Changed its Ticker to CNEX from CTSO 04/8/2008

Effective April 08, 2008, Cannon Exploration Inc. changed its OTCPK stock ticker symbol to CNEX from CTSO.

Citisource Inc. has Changed its Name to Cannon Exploration, Inc 04/8/2008

On April 08, 2008, Citisource Inc. changed its name to Cannon Exploration Inc.

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flatrader
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Cannon Exploration Resumes Work on 'Queen Alexandra' Gold Property


Market Wire "US Press Releases "
PHOENIX, AZ -- (MARKET WIRE) -- 03/15/10 --
Cannon Exploration (PINKSHEETS: CNEX). The past year has been a challenging one for the junior resource exploration companies. The overall economic slowdown, fiscal tightening, decrease in the availability of cash and inherent slowdown in the equity financing arena, has made it difficult to attract the required funds needed for companies to continue with their exploration programs. As a result, the management of Cannon had suspended work on the Queen Alexandra for much of 2009.


Cannon is pleased to announce that we have now restarted work on the Queen Alexandra, and provide this update on the outstanding results from last year, and work ahead.

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scooz
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great news today..looking for a nice breakout
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scooz
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CNEX is a junior mining company with HUGE potential, with most expert in the field predicting $1,500 to $2,000 dollar gold by the end of 2010. "GOLD will trade at or above $1550 before the end of 2010" from www.buygoldco.com/gold-predictions

From a fundamental side........
It is one thing to talk the talk, but a whole other to walk the walk.
New president and Chief Executive Officer of Cannon Exploration Edwin Solano made this statement to shareholders on Jan. 25th, 2010:


"We realize that many shareholders have been frustrated with the lack of news/information flow in the past. My first order of business has been to increase the transparency of Cannon Exploration to the investment community by filing appropriate documentation with the authorities. It is my belief that investors must have access to as much information as possible in order to make educated investment decisions and under my tutelage, Cannon will make every effort for better investor communication."

On Feb 19th, the company came out with the following filings:
www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=29224
www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=29230
www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=29234


Here at SCS, that is what we call walking the walk. We believe these recent filings may be just the beginning of shareholder updates.

From a technical side the chart is primed to strike GOLD!
Float(shares) 15,891,961 as of Jan 19, 2010

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scooz
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Last time volume like we saw Friday began to come into this stock and the MACD divergence crossed , it exploded for over 1000%, running from .003 to .036 !
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sycoblonde
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with the volume already at 1.6 its really come out of the gates swinging this monday, looking good and green
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snowgator
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CNEX looking good.... .021 up 55.56% and volume is WOW 2.4 mil
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luckylindy
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Corporate Mission:
Discover multiple mineral deposits utilizing in-house team of top-tier geologists applying cutting edge geologic concepts.
Aggressive property acquisition.
Seek partnerships to advance and develop portfolio of properties through exploration alliances, lease/ option agreements, and joint-ventures.


Projects
Cannon has acquired an option for 100% interest in the formerly producing Queen Alexandra mine, located just outside of Dryden in northern Ontario, Canada. The mine consists of one shaft and one exploration pit which are 65 meters apart, and seven trenches

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beacher
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CNEX is heading north up to 37%
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beacher
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CNEX WOW!! that vol is going up quickly loving it already at 3.6 mil
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luckylindy
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Their company's business is mineral exploration, resource development, and where appropriate, the development of strategic resource investments.
In pursuing its objectives, Cannon Exploration Inc:

Focuses its technical and managerial skills on prospective geological environments such that well managed and efficient evaluation will unlock the potential for the discovery of significant economic mineral deposits.

Undertakes the evaluation of advanced projects either within the Company's own landholding or sourced externally that meet specific financial hurdles to sustain medium to long term, profitable mining operations

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sycoblonde
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brief business model that Cannon Exploration Inc. follows is:

Acquisition of highly prospective grass roots and semi developed mineral exploration projects.

Develop these projects using Joint Venture participation

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wolyton
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stocks looks interesting to me and it did pretty good today adding to my ticker

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what i post is my opinion

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wolyton
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New York, NY, Mar 15, 2010 (M2 PRESSWIRE via COMTEX) -- Itsallbull.NET, a leading financial community forum is now featuring Cannon Exploration, Inc. (OTCPK: CNEX).
Itsallbull.net offers a full suite of quotes, graphs, company information, research reports, corporate videos and message boards. All information including the research report on Cannon Exploration, Inc. is available FREE at the following address: http://www.itsallbull.net/boards.php?id=20834&ref=pr

PHOENIX, AZ -- 03/15/10 -- Cannon Exploration (PINKSHEETS: CNEX). The past year has been a challenging one for the junior resource exploration companies. The overall economic slowdown, fiscal tightening, decrease in the availability of cash and inherent slowdown in the equity financing arena, has made it difficult to attract the required funds needed for companies to continue with their exploration programs. As a result, the management of Cannon had suspended work on the Queen Alexandra for much of 2009. Cannon is pleased to announce that we have now restarted work on the Queen Alexandra, and provide this update on the outstanding results from last year, and work ahead.

No compensation, monetary or non-monetary, direct or indirect, was received by Itsallbull.net, its subsidiaries and/or affiliates from the companies covered in this release for the production of the above-mentioned research coverage.

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what i post is my opinion

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flatrader
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Of to a slow start I's something in the works?
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snowgator
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Nice enrty point here .015.
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flatrader
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Fighting to pick back up nice time to get in
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ChartWiz11
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check THRR.. big move.. right now

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Rely on Charts not luck.

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snowgator
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CNEX Chart:
http://stockcharts.com/c-sc/sc?s=CNEX&p=D&yr=0&mn=3&dy=0&i=p13202358967&a=189598 417&r=7768

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snowgator
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Cannon Exploration is positioning itself to emerge as a pre-eminent resource exploration company in the North American mining industry, and particularly properties located in preferred mining districts in Canada.
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flatrader
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Canada Mining Operations Are building up And there government wont take the mines like Chavez will!!!!!
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flatrader
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0.0200 new day today cha ching
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flatrader
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NEWS Cannon Exploration Completes Latest Work Program on 'Queen Alexandra' Gold Property

PHOENIX, AZ -- (Marketwire)
03/17/10
Cannon Exploration (PINKSHEETS: CNEX) is pleased to announce that the latest work program on the company's Queen Alexandra Gold Mine, located in the Kenora district of Northern Ontario, has been completed.

The program was successful and focused on the collection of new rock samples. The company has now completed the program that saw Cannon perform ground geophysics on and reconnaissance of the property. Mapping and sample collection completed the focus of this phase of the exploration program.

These samples will now be submitted to the lab for analysis and assaying of the rock samples for gold content.

Cannon will release results of the assays as soon as they are completed.

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snowgator
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CNEX closed .01 vol 6.5 mil. Tomorrow is another day...
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snowgator
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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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snowgator
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CNEX .01 x.011 vol 1.7 mil
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snowgator
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CNEX - This really is gonna be real huge. If you're about to invest, you might want to check out the report at http://www.itsallbull.net/boards.php?id=20834
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mbmurray
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Chart has turned, bottom is in...
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meterolgst
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More news out today, climbed over 75% so far to start the week...
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bullitt49
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looks like it's making a move. .0064 printing now and moving quickly

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logandtimber
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got me 450k at .0021 on monday...
Holding for higher gains. Run just begining. Should be a good month of up trend IMO.

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