Canadian Gold Resources Ltd T.CAN

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

Metals & Mining Gold

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.

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Canadian Gold Resources Ltd > Are These Results Considered To Be Good?

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Comment by Durkastanon Aug 03, 2010 10:35am

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Post# 17316875

RE: RE: Are These Results Considered To Be Good?

I wouldn't worry about it Ahsan. Just day traders doing what they do. We've all seen the same pattern hundreds of times... SP runs up in the days before the release, and then selling pressure takes place post-NR.

I bought back in in the 1.90's last week and I have absolutely no worries about it. Once people are done taking their profits, the SP will resume its upward trend.

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