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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Bullboard Posts
Comment by barisianon Oct 24, 2011 12:30pm
254 Views
Post# 19176126

RE: The 43-101 will have more gold!!

RE: The 43-101 will have more gold!!Scout,

Did they make any mention as to when the 43-101 would be available?  I'm going to guess it'll be mid December or so, which is just enough time to get a few more drill results in there and calculate the reserves.

I think, based on what you said, that it is a great thing that the 43-101 will be revised on a regular, go-forward basis, because it will give a "real time" indicator of what the Springpole project is worth.  This way, if an offer to buy us out does emerge, there will be no need to speculate on how many ounces are in the ground.  It will make valuating the offer a much easier task so that our decision can be an informed one (whether to sell or not).

Long live the GCU longs!

Barisian

Bullboard Posts