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

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > Perverse LOGIC
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Post by BARN_BREATH on Jun 07, 2013 7:25am

Perverse LOGIC

SO-----GCU has 5 Million NI-43-101able ounces of Gold almost ALL in the

Measured and Indicated Categories, a POSITIVE  PEA, in mining

friendly Ontario, and SpringPole is NOT  ISOLATED, location wise.

We are currently trading at 30 MEASILY  Cents!!!

The question "beggs to be asked"-----

What would GCU be trading at IF it had  10 Million Ounces????

SIXTY  CENTS????  A double?!!!

It just goes to show that  VALUE means ZIP nowadays with the

current Negative Market Sentiment that exists-----AND / OR----

does the "PROBLEM" rest with MANAGEMENT????

One would think that selling the pontential of Springpole, with

what it currently has compared with the other juniors SHOULD

be EASY----a  "DREAM JOB", if you will!!!

"Conserve Capital", a policy of "OMERTA", and "WE don't

Know Why----" obviously AIN'T cutting the cake!!!!

Nothing appears to be happing with this company right

NOW, and hence I think it is viewed by most as

"DEAD MONEY", investment wise..

HENCE

Our share price "hovers" at 30 cents----buoyed by the buyout

of RR---Rain-Me-a-River by NGD---BUT nothing has really

changed, has IT????  Except that another potential

suitor has 'left the building'!

I hate to say it----BUT---look at our stock chart!!!---the share

price is trending LOWER and LOWER and MAY continue

to do so, unless management actually does something----

because just waiting for a 'CATALIST' and doing nothing

ISN'T going to help our share price.

It seems to be a case of "WAIT and WAIT, and see just

how LOW our Share Price can go, before MORE juicy

OPTIONS are GRANTED----for a FIVE YEAR Term!!!!

I apologise to you.

I guess that I am just EXTREMELY  FRUSTRATED

right now---PATIENCE, PATIENCE, and MORE PATIENCE

is wearing VERY THIN.

Anyone else here SICK and TIRED of it???

 

Barn Breath

Comment by Schill on Jun 07, 2013 1:38pm
I'm quite glad, that GCU is not in the first league of buyouts now. Look how cheap RR got bought. Do you want a 40-50% premium of the current SP? I don't want to be bought out for less than 1,50.   And IMO there are several reasons why GCU is currently not valued higher: 1. There is no hurry or pressure, but they need to raise capital sometime. Either by going to the market or by ...more  
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