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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by Geospoton Jan 27, 2012 2:30pm
295 Views
Post# 19458571

RE: RE: RE: Cup & handle--and a second cup??

RE: RE: RE: Cup & handle--and a second cup??

A simple regression to the mean would take this higher. Have your read the Frazier Mackenzie update that was posted yesterday? That guy is a serious analyst who knows this project inside and out, and he doesn't have anything to to gain by blowing smoke, to continue your smokey metaphor, and everything to lose if he's wrong. Previously I questioned if we would see a price above $3.19 by the first of Feb. Even with only a few days to go that wouldn't surprise me. Based on the share structure and the potential, this thing is hellishly undervalued, IMHO, and once it starts to move we could easily see multiple days of double digit percentage gains. Look at the two year chart. It can have big moves even without news.

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