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Canadian Gold Resources Ltd T.CAN


Primary Symbol: V.CAN Alternate Symbol(s):  CDNGF

Canadian Gold Resources Ltd., formerly Amseco Exploration Ltd, is a Canada-based gold exploration and development company. The Company is focused on advancing its 100% owned gold properties in the Gaspe Gold Belt of Quebec, Canada. The Company is the owner of the Lac Arsenault Property, the VG Boulder Property, and the Robidoux Property. The Lac Arsenault project is located in the Gaspe Peninsula of Quebec, approximately 25 kilometers (kms) north of Paspebiac and 58 kilometers from Bonaventure, covering a total of 4,118 hectares. The Robidoux project is located in the western Gaspe Peninsula, Quebec, covering 1,940 hectares. The VG Boulder project is located in the Gaspe Peninsula, Quebec and covers 14 km along the prospective Grand Pabos Fault, spanning approximately 5,787 hectares.


TSXV:CAN - Post by User

Bullboard Posts
Post by ThisBSagainon Oct 30, 2009 11:36am
446 Views
Post# 16439053

Hmmm....

Hmmm....Hi all, i'm new here.$0$0$0$0I got into this in the .50s and still hold my shares as i think the news we got last was quite good.$0$0$0$0First off, where do you guys get the daily house positions statistics from? $0$0$0$0$0Why wasn't all the data released from hole 7?$0$0$0$0$0Any rumors who's working with them to do a financing now? (personally i get a kick out of the scenario.. or what i think may be the scenario..)  imagine a company needing money to execute it's exploration plan (already having a large investor with deep pockets and good results from work performed) so i think it's safe to say the company can be funded, or will be funded.  i imagine the meeting with prospective brokerage houses going a little different than usual.  why??  because you have good results and a main shareholder with a checkbook as good as the brokerage houses, this scenario can keep the brokerage houses in line.$0$0$0$0$0To me.. i see two options here (if the next exploration results add up, if not.. well i think we all been there before.) are the Chinese here for the gold or the market play..  if the market play, the negotiations with the brokerage houses will be tough as the co needs market activity not the brokerage houses cash.  if the brokerage house wants a better deal a shrewd Chinese will say "no deal" we'll do our own exploration with our money and buy the company at some stage cheaper than with brokerage house involvement.$0$0$0$0$0Thoughts?$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Bullboard Posts