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Bullboard - Stock Discussion Forum Canagold Resources Ltd T.CCM

Alternate Symbol(s):  CRCUF

Canagold Resources Ltd. is a Canada-based mineral exploration company. The Company’s projects include New Polaris, Nevada Gold, Windfall Hills, Corral Canyon and Princeton Property. The Company’s core asset is the 100% owned, past-producing, high-grade, New Polaris gold project located in north-western British Columbia. The Fondaway Canyon is an advanced stage gold property located in the... see more

TSX:CCM - Post Discussion

Canagold Resources Ltd > Anyone out there?
View:
Post by lewdogg on Mar 02, 2021 4:03pm

Anyone out there?

We going back to single digits? Would love to hear some perspective on this one.
Comment by Lennoc on Mar 13, 2021 8:03am
This stock is getting hit just like all gold stocks. I don't think the investors see the Canagold properties as a great asset. We know they are. They need more attention. The Gold newsletter does bring some but their following is not large enough and their publication is not put out in a timely fashion. Need some MSM attention as gold price climbs.
Comment by lewdogg on Mar 15, 2021 12:34pm
Thanks. My concern is that insider shares become free-trading later this month. It appears the only reason for the share consolidation was to allow the exercise of the warrants mentioned in the PP release last year.
Comment by lewdogg on Mar 15, 2021 12:35pm
I also guess it's possible that warrant holders were shorting the stock knowing they would need to buy shares to exercise. *SHRUG*
Comment by Lennoc on Mar 16, 2021 10:10am
That could be. Either way this stock in the mid .50s is a great buy. With over 2 million ounces of gold in 2 mining friendly districts the company is ripe for a buyout. I'm waiting this one out. If gold approaches near record highs there will be some action here.
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