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Canadian Gold Resources Ltd T.CAN


Primary Symbol: V.CAN

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 Itcanbeon Aug 20, 2010 11:12pm
610 Views
Post# 17371046

RE: RE: RE: A Second Leg or Addax Pasture

RE: RE: RE: A Second Leg or Addax PastureGreat discussion. I'd been wondering about the whole Ethiopian deal lately.

After 9/11 the U.S. decided to go into Afghanistan and do what they felt they had to do. Then a couple years later they diverted badly needed military resources from the Afghan campaign and invaded Iraq. They figured it seemed like a good idea at the time and that they were strong enough to easily handle both situations.

I think you all know where I'm going with this..........I say "F dreaming big" Stay focused on the Tanzanian property. _Unless_ they already know more then any of us can dream of. And they already _know_ what's there or likely to be, and that indeed it's a gift from Sino-Tech. But if it's just a case of "We think there may be some potential there but will have to spend millions of dollars and several years to find out" then forget about it for now. Scrap the deal. Stay entirely focused on the Tanzania prospects. There is enough exploring to do on the Tanzanian land package for a few years to come. And if down the road, after they've drilled the heck out of the Tanzanian prospects and have proven up 5 or 10 or 20 or?????Million ounces, and have a $2 Billion market cap or what have you, _then_ they can worry about shopping around for other prospects in  other areas/countries.

Don't bite off more then you can chew. Or even if you can chew it, so what? There's plenty to chew on where they are now without the diversion.

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