Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canadian Gold Resources Ltd T.CAN


Primary Symbol: V.CAN Alternate Symbol(s):  CDNGF

Metals & Mining Gold
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

Canadian Gold Resources Ltd > Annual Financial statements now on Sedar
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(51)
•••
Comment by dancheon Oct 29, 2010 11:35am
264 Views
Post# 17630510

RE: Annual Financial statements now on Sedar

RE: Annual Financial statements now on Sedar

The Kilindi property is 100% owned by the Company and is subject to a Prospecting Licence (“PL).

Measurement uncertainty

Subsequent to year end, the Company was informed of the existence of competing rights within the Company’s

Kilindi PL. The Company intends to vigorously defend its existing property rights through all legal and regulatory

channels. Management is unable to predict the outcome of the legal and regulatory process at this time and no

amounts related to it have been accrued in these financial statements. In the event the matter is not settled in the

Company’s favour, such an outcome might have a negative impact on the Company’s financial position and/or

result in an impairment in the carrying value of the Company’s Tanzanian property costs and related loans

receivable. Such impact or impairment could be material.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities