Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CNEX (Page 2)

 - UBBFriend: Email this page to someone!   This topic comprises 2 pages: 1  2   
Author Topic: CNEX
meterolgst
Member


Rate Member
Icon 1 posted      Profile for meterolgst     Send New Private Message       Edit/Delete Post   Reply With Quote 
Agree...this stock is going to pennyland very soon from the looks of it.
Posts: 5 | From: New Jersey | Registered: Jan 2010  |  IP: Logged | Report this post to a Moderator
snowgator
Member


Rate Member
Icon 1 posted      Profile for snowgator     Send New Private Message       Edit/Delete Post   Reply With Quote 
objectives for CNEX 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.

Pursues and develops strategic alliances involving other commodities. This ensures a low risk approach where Cannon Exploration Inc. can assist with technical and managerial resources, and provide shareholders indirect exposure to exploration success over a range of resource development opportunities

Posts: 428 | From: Michigan | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
snowgator
Member


Rate Member
Icon 1 posted      Profile for snowgator     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.

The Queen Alexandra Mine has known gold values, having produced gold in the past. In the early 20th century, an English mining syndicate sank an 85 foot shaft and milled 18 tons of ore, grading 16.6 ounces of gold. Cannon Exploration has conducted limited ground geophysical surveys on the project, which have 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.

Posts: 428 | From: Michigan | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
snowgator
Member


Rate Member
Icon 1 posted      Profile for snowgator     Send New Private Message       Edit/Delete Post   Reply With Quote 
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.
Posts: 428 | From: Michigan | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
snowgator
Member


Rate Member
Icon 1 posted      Profile for snowgator     Send New Private Message       Edit/Delete Post   Reply With Quote 
Last Price (USD) $0.0027
Change ▲ 0.0004 (17.39%)
Bid 0.0025
Ask 0.0027
Volume 4,598,788


Like to see the GREEN!!! [Smile]

Posts: 428 | From: Michigan | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
beacher
Member


Rate Member
Icon 1 posted      Profile for beacher     Send New Private Message       Edit/Delete Post   Reply With Quote 
Cannon's mission is to explore and develop precious metal exploration properties with the objective of delineating mineral resources. Theirr strength is their understanding of the latest mining technologies and experience in the mining and exploration business
Posts: 364 | Registered: Mar 2010  |  IP: Logged | Report this post to a Moderator
beacher
Member


Rate Member
Icon 1 posted      Profile for beacher     Send New Private Message       Edit/Delete Post   Reply With Quote 
Cannon's mission is to explore and develop precious metal exploration properties with the objective of delineating mineral resources. Theirr strength is their understanding of the latest mining technologies and experience in the mining and exploration business
Posts: 364 | Registered: Mar 2010  |  IP: Logged | Report this post to a Moderator
beacher
Member


Rate Member
Icon 1 posted      Profile for beacher     Send New Private Message       Edit/Delete Post   Reply With Quote 
Last Price (USD) $0.0024
Change ▲ 0.0001 (4.35%)
Bid 0.0023
Ask 0.0024
Volume 19,230,647

Posts: 364 | Registered: Mar 2010  |  IP: Logged | Report this post to a Moderator
snowgator
Member


Rate Member
Icon 1 posted      Profile for snowgator     Send New Private Message       Edit/Delete Post   Reply With Quote 
Aug 05, 2010 16:02 ETCannon Exploration Announces Ongoing Developments on "Queen Alexandra" Gold Property
PHOENIX, AZ--(Marketwire - 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. 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.

Posts: 428 | From: Michigan | Registered: Oct 2009  |  IP: Logged | Report this post to a Moderator
sycoblonde
Member


Member Rated:
4
Icon 1 posted      Profile for sycoblonde     Send New Private Message       Edit/Delete Post   Reply With Quote 
CNEX should come out good and strong tomorrow - watch out as its gonna rock it!!
Posts: 107 | Registered: Mar 2010  |  IP: Logged | Report this post to a Moderator
  This topic comprises 2 pages: 1  2   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share