Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > Our 5 mil oz Gold Egg that Troy is
View:
Post by Goldblack on Jan 24, 2013 10:44am

Our 5 mil oz Gold Egg that Troy is

sitting on is now valued at 20.34 cents(based on 75 cent SP) per ounce, compared to July 6th when he got his options

@ 1.36, when our golden egg was worth 36.88 an ounce.

   If management would stay away from the stock options trough....3 times in the last 14 months

DEC 9th/11 @ 2.18, July6/12 @ 1.36 and Jan/13 @ 86 cents a share for a total of 6.345 mil shares, maybe our stock would be higher.

      I just bought more shares this morning @ 75 &74 cents....It would be nice to see management

do the same., but with all those options,I doubt it. With the stock now trading at 74 cents, that is only

2 cents above Pinetrees average cost of 72 cents. A year ago today we were trading at 2.15 on a

ride up to 2.80 in Feb/12. Pinetree(who has 17 mil shares) has seen a 30 mil gain disappear

in one year and a lot of people in this stock are on a big financial hurt as well. Get with it

Management.

Comment by 2guys on Jan 24, 2013 10:54am
I think you're doing a good thing by buying at these levels Goldblack.    As for management buying on the open market, sure they could and it would be a positivee, but it wouldn't change much as the overall market for juniors is  and has been down for several months.Fundamentals are showing a screaming buy, while technicals are showing a bottom approaching imo, so I'm a ...more  
Comment by Schill on Jan 24, 2013 11:15am
I bought today, too. I guess the 5M Ozs have not disappeared and are still there?
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities