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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 dunlop303on Jan 12, 2011 9:25am
238 Views
Post# 17958603

Missed the Canaco run?

Missed the Canaco run?
There is a company on the northern border of canaco that has been doing quite well lately. the sp is healthy and maintaining price levels. They have started the work program a while back and have drilling planed for next month. There is a good chance they will hit similar grades.

It has gone from the teens to the thirties in the past two weeks, it has %100 percent ownership of the property as well as others. But I believe the biggest factor in this stock is the outstanding shares, only 33 mil. That makes the runs quick and easy,

Im sure you've all heard about it already, and I know its annoying to hear about other stocks on your board. But being canaco investors you must appreciate the property and understand the very real potential.

Brookemont Capital, V.BKT

Im not saying run out and buy it now, just keep an eye on it. It broke the .30 level on friday and ran to .39. It has pulled back to .30 - .32 and maintained that level. Watch for the next price level to happen soon.

Happy investing.

C.D
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