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Bullboard - Stock Discussion Forum Gold Canyon Resources Inc V.GCU

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > Market is expecting 2M oz. ?
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Post by FANTOMAS on Jan 20, 2012 3:25pm

Market is expecting 2M oz. ?

After the lift above the $2 level and gaining ground past a few resistance levels, we are trading just above $ 2.30.

Does the market know something already ? I can´t believe, that we come up with "just" 2M oz., which would stand for a $ 2.30-2.40 price.

NI 43-101 next week ?

FANTOMAS

Comment by MRS on Jan 20, 2012 3:35pm
Still need to close that gap at $2.27 We are nearly there - $2.29 now.
Comment by diabase1 on Jan 20, 2012 4:03pm
you will notice that it is the same 100 shares a day 'boys' that are driving this stock down. If I were seeing 10,000 or 20,000 shares going thru at the same time, then I'd be worried. Actually 2M oz would be a pretty good start to this deposit.
Comment by FANTOMAS on Jan 20, 2012 4:15pm
diabase1, 2M oz. as total in all categories would be disappointing, looking at all drill results. Still looking for 1.6M measured&indicated plus 2.8M inferred = 4.4M total ! FANTOMAS
Comment by threepalms on Jan 20, 2012 5:19pm
Some go through life saying the glass is half full and some only see it half empty. GCU has proven that the project has multiple gold bearing structures and evidence seems to suggest that some of these structure may in fact be connected. When I see well seasonned geologists get excited about a project I pay attention. Many industry players are waiting for this updated 43-101 and I suspect that we ...more  
Comment by copperman4 on Jan 21, 2012 10:07am
Now that the gap is closed what is your next prediction?
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