Gold Canyon Resources Inc V.GCU

Drilling news this week???

[scoutaz2003]

Or next....

If they find the southeast extension...look out.

If they find gold at one of the new areas they have said they would be drilling...look out.

If they continue to hit the high grade core as they are defining...look out.

If they get one good hit on the deeper part of the main zone and extend the depth....look out.

 

In other words....every time we get news, we have the opportunity to materially expand the deposit and share price.

[diabase1]

Scoutaz, you may be right about ‘GCU finding the SE extension’ of the Springpole deposit. I personally don’t think they’ve found the East Extension ‘core’ yet, because they haven’t drilled deep enough in that area to find it. If you look at their drill map, any drill hole that was put down in this area was shallow, and they were drilled to the SW. The location of these drill collars (SP11-50 and

[Geospot]

I think Scout has hit the key points. GCU already has the magic word -- GRADE. But expanding the scope, including depth, strike and high-grade core, as well as the potential new zones already identified by testing are the "watch out" developments. Both of you have probably seen it but if you haven't, there are some great 3D models on the homepage of the GCU site (lower right called

[cavedude]

Been watching macro conditions closely. Unfortunately, thanks once again to Greece, we may have an NR that will fall on deaf ears. If patterns repeat like last time Greece popped in the news, we "could" see further selling. As much as I hate the news, lemmings seem to feed on it and trade accordingly: Market watchers warn the benchmark Toronto Stock Exchange S&P/TSX composite index

[gog]

What are you basing this on, imagination and hope? What will really push this back up is some sort of environmental news on how will they plan to mine this. The lake is 90'+ and they'll have to drain it somewhere even if approvals are granted. Cat Lake Reserve is just waiting for this and then watch. Where will the massive amount of material for the dam come from? Where is a tailings

[woundedknee]

Don't believe that is having an effect on today's share price. They don't believe there will be a problem.

[diabase1]

gog, that's 10+ M oz of gold, not tons!!!!!