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

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > a potential acquisition?
View:
Post by diabase1 on Jul 08, 2013 5:08pm

a potential acquisition?

Volume:
June 20            425,000
June 28            390,000
July 4               220,000
 
Price:
On June 28      0.18
On July 5         0.25
 
With all due respect, that’s a 40% increase in 5 days!! The buyers have been from several houses.
Would someone please give us an update on the latest Fund/Institutional Holdings for Gold Canyon! Much appreciated.
 
From June 28 to July 5, the share price has been strengthening. Heh GOG, wherever you are, have we bottomed, and are you buying??
 
Could there be some very good news coming, with respect to drill results from exploratory drilling on the south Portage Offset??
 
The south Portage Offset was supposed to have similar geophysical, and lake bottom sediment results, as the main Portage gold trend.
 
Gold Canyon mentioned that they would initiate a pre-feasibility study in the 2nd half of 2013, with production scheduled for 2018. In any mining venture, timetables are irrelevant. It’s the resource that counts!!
 
The TSX (Toronto Stock Exchange) hasn’t acknowledged that they are still commodity friendly (driven), where it got them years ago, right to where they are now!!@ The TSX mania (media) recently, has not been on commodities.  
 
The one positive thing about Gold Canyon is that none of the Board has quit. I hope that means that they are still being paid, but more important, is that they still believe in the Springpole gold project, and so, will remain on the Board.
 
Given the situation with the gold price, and the manipulation of gold, I have to wonder where this industry will end up. I’m sure Peter Munk of Barrick Gold is thinking the same thing.
 
With respect to Tony Fierra, CEO of GCU, Tony, don’t ask for any tips from Randall Oliphant of New Gold. He’s already busy with Rainy River Resources. And don’t call Osisko either, as they are under a heap of debt.
 
 
 
A suggestion Tony!!
 
Go after Bayfield Resources. Remember Hemlo!! Bayfield will be a thorn in the side of New Gold for many years, if New Gold doesn’t take action shortly.
 
In the Rainy River gold belt, there should be only one open pit, and only one head frame.
 
I suspect that New Gold is just holding back (Bayfield), because they want to make sure that the Rainy River acquisition is secure.
 
The bottom line is that the long time shareholders of Gold Canyon could also have a ‘piece’ of the Rainy River gold belt.
 
 
 
 
   
 
 
           
Comment by 20/20/12 on Jul 09, 2013 1:53am
Hi DB here's agood one to bookmark https://apps.cnbc.com/view.asp?country=CA&uid=stocks/ownership&symbol=gcu&country=CA Top Institutional Holders Concentration of Current % Held Top 10 Institutions: Top 20 Institutions: Top 50 ...more  
Comment by Schill on Jul 09, 2013 11:58am
A 40% move for destroyed juniors is NOTHING. You don't even understand the junior market, but you think you can criticize the management? And who the f.ck is Tony Fierra? Pls stop spamming this board.
Comment by diabase1 on Jul 09, 2013 2:42pm
You're right Schill, I'll refrain from spamming. And you're right again, I spelled Tony's name wrong. I think it should have been Troy Fierro. Right Schill? Sorry Troy!! Have a good day Schill!!
Comment by 20/20/12 on Jul 09, 2013 4:31pm
SCHLOMO SHILL FROM WIKIPEDIA A shill, also called a plant or a stooge, is a person who publicly helps a person or organization without disclosing that they have a close relationship with the person or organization. "Shill" typically refers to someone who purposely gives onlookers the impression that they are an enthusiastic independent customer of a seller (or marketer ...more  
Comment by 20/20/12 on Jul 09, 2013 4:32pm
OH YA https://www.urbandictionary.com/define.php?term=shill
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