Canagold Resources Ltd T.CCM

Don't Change Horses in Mid-Stream

[MisterMarket]

I do not think we should change horses in trhe middle of the stream.  Thw New Polaris drilling program was a sucess and now we should be progressing towards a feasbility study.  With rising inflation and economic uncertainty the gold market should be doing well.  Instead the gold indexes are making new 52 week lows and gold stocks are making all-time lows typical of summer trading.  Eventually there will be a rebound.  If the dissidents win will they make a private placement on the same terms initially offered Canagold, or will it be more dilutive??

Canagold has thew team with the expertise to develop a potentially very profitable mine at New Polaris.  Experience is important.  What do the dissidents have?

If New Polaris can attract the dissident's money Canagold shouldn't have any problem attracting other money.  A partner for development could be found by offering CCM shares equivalent to 25-30%  of the value of the company for sale to finance the feasbility study.  As management says, CCM is at a critical stage.  Once the feasbility is done things could drastically change as work is started on the development of one of Canada's richest gold mines.

Don't take the dissident's offer.  There will be better ones in the future.

[sheepherder1234]

@MisterMarket, “mid-stream” was probably 20 years ago. Cooke has been running CCM for 35 years now and there’s still no clear plan to make it happen!!!    Cooke’s horse died  after twenty five years.. horses don’t live to thirty five btw, and now he is midstream without a horse.    This is shaping up to be the most interesting thing CCM shareholders have seen in a

[GoldHunter1946]

Fully agree @sheepherder1234... CCM needs a change! Great asset, terrible management. This a great oppontunity to finally make Cooke accountable for what's he's done with our investment. Let's vote blue!!