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Bullboard - Stock Discussion Forum
Gold Canyon Resources Inc
V.GCU
Metals & Mining
Gold
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TSXV:GCU - Post Discussion
Gold Canyon Resources Inc
> The million dollar question is : what will it go for???
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doc_bones2012
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Post by
doc_bones2012
on Mar 06, 2015 3:51pm
The million dollar question is : what will it go for???
Many of us got in at the wrong time, like .90,1:50, 1:94,2:10 etcðŸ˜ðŸ˜„.please give your opinion as to what you think will it be taken over at if Akiko wants out or what ever the hypothesis , because any premium from these levels won't be much. I am thinking it will be hmmmm let me think 4 times from here .80 . Old wise men of the board please any ballpark figures.
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Torontonian52
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Comment by
Torontonian52
on Mar 06, 2015 4:30pm
From your mouth to Gods ears .80cents would be heavenly.
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Schill
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Comment by
Schill
on Mar 06, 2015 4:59pm
i think if there really would come a takeover offer, that it would mean for us, that the one who buys it, considers the permit and lake not as big problem. I can't judge that, but I believe that Qinton Hennigh can be trusted in that regard. But the market surely is pricing that in as problems. So with these problems priced out for a buyer USD 200 million seems not too expensive for a project
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cat9tailings
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Comment by
cat9tailings
on Mar 06, 2015 8:20pm
Schill (that the correct spelling?), I would say that the trading now soundly supports your accumulation theory. It was bid 20c at the open before the jobs report tank gold (I predict the metals market will quickly recover from its little 'taper tantrum,' as everybody knows the Fed wants to get off zero as soon as possbile). I was actually a mild drag on the share price today as I'm
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doc_bones2012
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Comment by
doc_bones2012
on Mar 08, 2015 2:46pm
Thanks would be have to get some of my principal investment back with a hair cut.
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