1112706--9/28/2010--CANYON_COPPER

related topics

{gas, price, oil}

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{cost, regulation, environmental}

We lack an operating history and have losses which we expect to continue into the future. As a result, we may have to suspend or cease exploration activities and if we do not obtain sufficient financing, our business will fail. Because we anticipate our operating expenses will increase prior to our earning revenues, we may never achieve profitability. Because we are an exploration stage company, our business has a high risk of failure. Because we have not commenced business operations, we face a high risk of business failure. We have no known mineral reserves and if we cannot find any, we will have to cease operations. In order to maintain our rights to the New York Canyon Project, we will be required to make annual filings with federal and state regulatory agencies and/or be required to complete assessment work on the New York Canyon Project. Because of the inherent dangers involved in mineral exploration, there is a risk that we may incur liability or damages if and when we conduct mineral exploration activities. If the price of base and precious metals declines, our financial condition and ability to obtain future financings will be impaired. If we are unable to hire and retain key personnel, we may not be able to implement our business plan. As we undertake exploration of our mineral claims, we will be subject to compliance with government regulation that may increase the anticipated cost of our exploration program. If we become subject to increased environmental laws and regulation, our operating expenses may increase. If we complete a financing through the sale of additional shares of our common stock, shareholders will experience dilution. Because our stock is a penny stock, stockholders will be more limited in their ability to sell their stock.

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1112706--9/28/2010--CANYON_COPPER_CORP.