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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 ThisBSagainon Oct 29, 2010 9:54am
199 Views
Post# 17629573

RE: RE: canaco is treating us like mushrooms

RE: RE: canaco is treating us like mushroomsYeah, i think we all concur a NR is in order....  i do not speculate we will have a red day as i think the market has factored in the loss of the acreage.. could be wrong but i'm surprised how well we have held in there, thus substantiating my theory..
Now as much as i want CAN to put out a substantive NR, i speculate the situation is more complicated than most here realize. opinions below:
1) Putting out drill results may only increase the value SOC MAY be entitled to (unless they are bad?), so why shoot yourself in the foot?? or not?? (don't forget SOC hasn't spent a dime on exploration, and without CAN's exploration results they don't have much to base a value off of.)
2) Dividend shares.  hmmm  to divy before resolution or after..  question..  do you want your divy shares diluted with any POSSIBLE settlement shares SOC may receive?  this is a whole other kettle of fish.
Food for thought
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