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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by Geospoton Jun 21, 2012 12:54pm
293 Views
Post# 20039878

RE: RE: RE: Letter to Bob Moriarty re GCU

RE: RE: RE: Letter to Bob Moriarty re GCU

Moneysworth--

Amen. There are several ways that exploration companies create value, and finding gold is not the only one of them. Any progress GCU can make with the PEA, permitting, roads or agreement with the council will rapidly add value and make the company a more attractive target for majors. They have stated that there is progress on all these fronts. And in certain cases it is advantageous for a junior to get these in place rather than a major with deep pockets. You mention jobs; everything I've heard anecdotally is that all parties want this project to move forward, and as rapidly as possible. (Don't forget the tax revenues on that ore). The 43-101 was just the first step in de-risking this project. Looking forward to further developments. Not looking (eyes firmly closed) at today's drop in the POG as it just seems to keep trading in a range within a range.

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