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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 mrcashflowon Nov 11, 2010 5:15pm
463 Views
Post# 17695222

RE: TD this morning

RE: TD this morning Technically the stock has now formed a beautiful cup and handle chart, which from a trading stand point is very bullish short term. It looks as if the market has now sided with CAN as far as the land dispute with Sonora. It's quite clear when looking over both charts the market has clearly handed the title of the majority of the property back to CANACO. Guess we will just have to wait and see, in the meantime it definitely look's as if all systems are a go for Canaco. Stock is now in the process of rebuilding it's strength, and  will now attempt to take out it's previous 52 week high of $4.20. Given today's trading volume expect a new 52 week high within the next few days.

 May future endeavors bring riches beyond your wildest dreams

  MrCashflow
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