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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

Comment by Durkastanon Aug 17, 2010 8:45am
463 Views
Post# 17356400

RE: RE: RE: RE: Good news on buyers

RE: RE: RE: RE: Good news on buyersProblem is if you took profit on the way up on this one, like I did, then you missed out on some major gains. The fundamentals here are too strong to try and get cute.

I'm willing to bet that there's no one here who tried to time the peaks and troughs who did better than a straight buy and holder. You would have had to have had absolutely perfect timing, and even then you wouldn't be much ahead of the buy and holder after transaction costs are factored in.

There's nothing wrong with taking profit, but sometimes you have to recognize the stocks where you're better off with holding. For the time being and the foreseeable future, this is one of those stocks.
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