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Gold Canyon Resources Inc > Gold flying, just a matter of time for us!

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Post by Junit on Jan 22, 2015 3:18pm

Gold flying, just a matter of time for us!

Who would of thought you could buy a gold stock that had hit 4$ in the past for .12 as the central banks around the world go bonkers destroying the currencies. This next leg in the gold market should be amazing. Buying a proven large deposit for pennies will make me a lot of money in my opinion. Cheers and good luck to those who can do research and act before the herd! Cheers

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Comment by todaypartlycloudy on Jan 22, 2015 3:33pm

I deposited another $5K in my TFSA this morning to buy more. Likely won't show in my account until Monday I'm guessing which sucks. Hopefully GCU stays at these levels so I can top up with some more. Cheers

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Comment by todaypartlycloudy on Jan 22, 2015 4:36pm

LOL I love bird on here 1 starring everyone who is positive about GCU. Poor little fella lost some serious dough with GCU in the past and now he wants to $hit on everyone else. Noone feels sorry for you dude!

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Comment by bigbird456 on Jan 23, 2015 1:01pm

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Comment by bigbird456 on Jan 23, 2015 3:51pm

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Comment by LoneStar1 on Jan 23, 2015 5:15pm

So why would you buy at .10? "This should be sitting at 5 cents. They have no money. So dilution is just around the corner for summer drilling. 8 cents buy march would be realistic for this stock."

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Comment by Schill on Jan 23, 2015 6:24pm

They have enough cash. And the already have 4 million onces, they don't need to drill. There is no need to raise cash now. They can wait for a gold price, that begins to reflect the value of the deposit better.

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Comment by woundedknee on Jan 24, 2015 7:25am

They did state in a news release several months ago or more that they were not going to raise cash until a turnaround in the pog. I know some here thinks management sucks, but that shows good fiscal management and common sense.

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Comment by bigbird456 on Jan 24, 2015 3:05pm

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Comment by krishak on Jan 24, 2015 4:27pm

Anyone who bets like that will loose their shirt. Read Felix Zulauf comments on gold in today's Barrons (p.S8). Zulauf has been calling gold's moves correctly in Barron's annual Roundtable discussions since 2003. And unlike bigbird456 Zulauf went to school and learned how to spell.

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