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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

Post by kingyahooon Nov 09, 2010 12:12am
336 Views
Post# 17678186

Gold for thought

Gold for thoughtI just posted the following on SOC board. Some may find it useful, some not. Just fine with me.

I do not visit SOC board much lately because it makes horse sense by those who own CAN shares and who refuse to believe SOC has a strong legal case. It is funny.

Guess what? I found a Uranium play that had fallen fron 12 bucks to under a buck producing 35,000 ounces of gold. It is FIu, a stock I have not looked at for quite a while until someone on HNU board mentioned it was moving up. I went to look and siscover a gold mine. I bought big for a measleyt $1.05 and it closed at $1.18.

Everybody was caught asleep because they did not read, or did not pay attention to the following news release in October:

"TORONTO and JOHANNESBURG, Oct. 20, 2010 (Canada NewsWire via COMTEX News Network) --

All amounts are in US dollars unless otherwise noted.

First Uranium Corporation (TSX:FIU, JSE:FUM) (ISIN:CA33744R1029) ("First Uranium" or "the Company") today announced that during the three months ended September 30, 2010 ("Q2 2011"), 14,820 ounces of gold were produced from the Ezulwini Mine and 18,598 ounces of gold from the Mine Waste Solutions tailings recovery project ("MWS") in South Africa.

The Ezulwini Mine also produced 12,753 pounds of uranium in the form of yellowcake ("ammonium diuranate") and 31,408 pounds in the form of uranium.

Gold production at the Ezulwini Mine was slightly higher than last quarter and the upgraded backfill plant has been commissioned, which will enhance future production output. The MWS production build-up remains on-track and all projects are on schedule. MWS has delivered its third successive quarter of achieving, or improving on, its market guidance."
 
I do not own CAN because I believe I will buy it for less. I have plenty of SOC.

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