Gold Canyon Resources Inc V.GCU

FrazerMackenzie-Strong Buy

[dino74]

https://www.frasermackenzie.com/newresearch/GOLD_CANYON/QUICK_NOTE_GCU_Starogiannis_270212.pdf

[tannin]

Thanks Dino for the Frazermac report. It reads the way I think about GCU, and given the bizarre market reaction today, it helps to know at least one broker thinks the same way.

[thinkahead]

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[scoutaz2003]

Backward thinking.... Frazier Mac (FM) has been saying 7-7.5 million ounces for almost a year.  They know the general size of the deposit....they know what has been drilled and they know the infill drilling will prove up the additional ounces.... It's not rocket science or brain surgery.    But you can't move the ounces from inferred to resource until the ground looks like a

[moneysworth]

thinkahead,... I for one, will NOT argue with you by pointing out that today's Nl 43-101 was ultra conservative, or that it doesn't factor in the true depth or openness of the deposit. Or, that they are only scratching the surface of the property, since I still want to add to my position. I do agree that it is "an interesting project, and it will likely create value for shareholders

[Geospot]

Watch tomorrow. In addition to Fraser Mac, Dahlman Rose has also affirmed their $6.64 price target. What I think you will hear on the conference call tomorrow is what the flippers and short timers didn't see in the release. They will tell you that although this is very conservative estimate, it is still a very good number. But look what's not in the number. This resource came from 30