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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

Post by Juniton Aug 16, 2010 10:27am
464 Views
Post# 17353125

Best Buy on the Venture imo!!

Best Buy on the Venture imo!!When comparing Cui with other Tanzania gold exploration co's the evidence is clear imo. We are trading at 1/4 of SD's market cap. That means cui would have to go up 300% to get a similar market cap. Now CUI unlike SD has had their propertiest in Tanz for years. The drill results contain some hits, such as 30m of 5.97gt gold, and open along strike. The company recentley recieved over 300,000$ worth of shares in another company and is raising over 600,000 in a financing.

CUI unlike most of the companies on the venture has focussed on this area for years, not just this last month because it became the hot new area after CAN.v exploded. Now the main reason I am here is managment cares about the share structure, and is doing minimal dilution to get the drills turning on those amazing prospects. Look forward to riding this one into the sunset with some of you longs. It won't be long and the venture traders will all show up. The board will then have to deal with all the bashing and pumping which isn't much fun. However it will indicate an increase in exposure for such a great stock. jmho Rory
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