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 > How many ounces

<< Previous

Bullboard Posts

Next >>

Comment by motionproon Dec 14, 2010 5:12pm

235 Views

Post# 17846151

RE: RE: RE: How many ounces

I'm a shareholder, and well up.
but based on the drilling reported, all I see in the share price is speculation.

Consider it took Rubicon 166,886 meters of diamond drilling just to identify 4 million ounces of INFERRED gold at an average grade of 20/g/t.

As far as I know, CAN has only reported around 20,000 meters of drilling, so to say you can see 5-6 million ounces based on that is somewhat misleading and highly speculative IMO.

<< Previous

Bullboard Posts

Next >>

Global Tungsten Market and Supply Security