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

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > Please Explain!
View:
Post by diabase1 on Dec 12, 2013 3:27pm

Please Explain!

Probe Mines Oct 15, 2013:
Highlights: - Zone expanded a further 100 metres to the southeast with Section 2000m SE intersecting intervals of up to 24.2 metres averaging 4.1 g/t Au; - Infill drilling within High-Grade Zone ("HGZ") continues to intersect thick, high-grade gold mineralization, with intervals of 12.4 metres averaging 10.9 g/t Au (Section 1750m SE); 31.3 metres grading 4.0 g/t Au, including 23.2 metres averaging 5.5 g/t Au (Section 1800m SE); and 42.0 metres grading 3.1 g/tAu, including 9.2 metres averaging 7.0 g/t Au (Section 1650m SE); - 25-metre infill drilling program near original discovery section successful in demonstrating higher grades for bulk tonnage-style mineralization with intercepts of 95.8 metres averaging 2.0 g/t Au, including 8.6 metres grading 6.5 g/t Au (Section 25m SE); 53.0 metres averaging 1.5 g/t Au, including 17.8 metres of 3.1 g/t Au (Section 75m SE); and 76 metres grading 1.3 g/t Au, including 20.0 metres of 2.8 g/t Au (Section 125m SE).

Gold Canyon Sept 26, 2013:
Recent notable intercepts include 39.5 meters at 6.51 grams per tonne gold from hole SP13-207 and another of 57.5 meters at 3.23 grams per tonne gold from hole SP12-197.

And Gold Canyon has quite a few holes that are even better than the above.

September 19, 2012:
Gold Canyon Encounters 311.2 Meters at 1.81 Grams per Tonne Gold at its Springpole Gold Project

Probe’s share price: $2.08
Gold Canyon’s share price: $0.20

Why the difference in share price? My guess is because of the people in management, and the Board of Directors involved with Probe Mines. Check out their respective (Gold Canyon and Probe Mines) websites. Who would you rather have, leading your company?
Comment by lilarose on Dec 12, 2013 3:38pm
That is an interesting comment.  I wonder what the company's explanation would be?
Comment by tannin on Dec 13, 2013 12:40am
Diabase, I have no complaint with present GCU management, especially Akiko.
Comment by tannin on Dec 13, 2013 2:34am
GCU has a commercial deposit, but larger would be hugely more attractive. Grateful for 4 plus...and let's hope there's much more there.
Comment by Torontonian52 on Dec 13, 2013 4:12pm
Easy to expain   https://www.stockwatch.com/Quote/Detail.aspx?symbol=GCU.C&region=C
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