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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 ANBCAon Sep 14, 2010 8:30am
328 Views
Post# 17444700

RE: Care for a Cup of Kwadijava?

RE: Care for a Cup of Kwadijava?Chaff or not I see yesterdays release as trying to buy time.  Now we ask why?  HOW big is this? What sort of "Block Buster" announcement have we in the works?

If it weren't for the fact  management has been up front and honest with investors I think many would take yesterdays announcement as a negative.  Maybe some did, hence the lackluster day.  A quick bounce then back to close below $3. 

Now we'll have to wait for the truth.  If we take management at their word and believe there is at least one new find in this and some degree of extension of minable reserve the value has increased dramatically. 

These old workings are to me a very good sign.  To the uneducated it would seem that if the region is that prolific at or near surface there has to be a great deal more below.  This current shallow air blast drilling is likely going to identify further mineralization with more accuracy and speed than any other method.  Very exciting times for Canaco and its shareholders.  

It is this contention that keeps me in the game.  I feel there is a great deal more to come.  How they package and present this will be interesting.  A NR every couple of days or every couple of weeks?

We should have a good idea of the "what, where, when & how" in the next week or so.  Are you on the edge of your seat?



JMHO

Regards A
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