Gold Canyon Resources Inc V.GCU

Another Round of Financing

[godisgr81]

They will need to build up the coffer very shortly. My uneducated guess is another PP for around $2mill - $4mill range in the coming months.
Yes this is my worst investment EVER. But every dog has it's day and it may eventually hit $1.00 in the next 24 - 48 months. Do i sound depressing? Hell yeah. the management and the insiders has done a great job, turning this into a "Dog's Breakfast".
I don't expect any updates for REE and better yet any silver forward financing.   Sorry, there maybe a sliver of chance we may have news on 1 or 2 step outs and infill drilling. 
Best thing to do is to do nothing at this point and just let it ride until Gold picks up again during it's seasonal uptrend.  God, where is my inflation? Oh yeah, it's coming soon, maybe sooner than you think.   Good luck and God Bless.....

[tannin]

Would hope that we don't go the route of silver forward financing. When the time comes, would hope we'll pay whatever the cost is, whether it's dilution or interest costs, and raise the money needed. Imo, the forward financing 'solution' can be very damaging to the longer term viability of a project. Agree, godiswhatever, hang in and hold on is the

[gold_diggers1]

This is a non-brokered PP....... good, these investment houses will not get a cent out of this PP..... if they think they can depress the price to get a cheap PP.... Gold Canyon Resources Inc (C:GCU) Shares Issued 135,725,018 Last Close 8/1/2013 $0.22 Friday August 02 2013 - News Release Ms. Akiko Levinson reports GOLD CANYON ARRANGES $1,954,440 NON-BROKERED PRIVATE PLACEMENT Gold Canyon

[gog]

LOL  It's amazing, hope you do well on the cheap shares and making it to $0.40 for the extras in hopes of a buck:) guess they can pay their salaries for a bit longer