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Canstar Resources Inc V.ROX

Alternate Symbol(s):  CSRNF

Canstar Resources Inc. is a Canada-based company. The Company is focused on mineral exploration in Newfoundland, Canada. The Company’s flagship exploration project is the Golden Baie project in south-central Newfoundland. The Golden Baie and Hermitage Flexure claims held by the Company cover 939 square kilometers (km2) along the eastern and southern margins of the Exploits Subzone of the Dunnage Zone, which hosts of the gold deposits and discoveries in central Newfoundland. The Buchans-Mary March Project is located in central Newfoundland, approximately 20 kilometers northeast.


TSXV:ROX - Post by User

Comment by Flyderon Aug 19, 2021 10:46am
145 Views
Post# 33730077

RE:This is a crying shame,

RE:This is a crying shame,All Nfld stocks are going down right now, regardless of news.  Including gold miners.  The pattern as of late with the Nfld stocks is that it seems there is anticipation on what the next news release will be (all eyes looking toward those bonanza grades like NFG), but when the assays come up as 'good' but not 'fantastic', traders sell on the news and capture .10 or .20, or whatever their spread is.  The fireworks and rabid speculation on all Nfld stocks is over.  Only mind-blowing assays over thick intersections seems to propel anything forward, and we haven't seen any of those from any of the area plays around NFG yet.  Traders sell now and will buy back when enough time has passed and the share price has dropped more, and another news release feels like it is imminent.  Just my opinion by observing how the stocks are trading the last few months.
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