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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 Franklin66on May 25, 2010 9:03am
630 Views
Post# 17127815

Price

PriceI keep hearing, "0.75 cents soon!" and "maybe 0.95 is close)". This is a $3 stock people (with upside from there. i don't think I'm being overly optimistic, I think it's simple numbers. If this is a world-class deposit, then a major is going to buy it for $100 an ounce. So the question is how much is there? It's not a bib streetch to say there's 3M oz on the hill, so is there 5-10 on the trend? We're at 100M fully dilluted right now so 3-5M oz would be $2-$3 and up from there...
Good Luck!
Bullboard Posts