This is a VSE shell that has recently been taken over by some very prominent people in the mining business.
On may 14, 1999 Richard Barclay, founder of Bema gold and Eldorado gold announced that he has taken majority control of this company.
Also appointed to the board is Gary Nordin currently on the board of Eldorado gold.
People who have been around a while will recognize these names and know exactly how barclay and Co. started Bema and Eldorado and where they got the companies to. A lot of people became very prosperous investing in Bema and Eldorado when the companies were formed in the beggining, and Canasil is going to be no different.
The stock is very tightly controlled (obviously, that is why barcaly took it over in the first place) so it is hard to get very cheap stock.
I don't think many people are even aware of this stock yet, or the potential it has, but now is the time to buy before a major project is put in place and a big financing at higher prices is done.
For an idea of what Canasil will do in the future, all one has to do is study Bema and Eldorado's history from the start.
Good luck investing. |
