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Canagold Resources Ltd T.CCM

Alternate Symbol(s):  CRCUF

Canagold Resources Ltd. is a mineral exploration company. It owns a direct interest in precious metal properties, known as the New Polaris property, the Windfall Hills property, and the Corral Canyon property, as well as a portfolio of smaller exploration properties in Nevada, Idaho and Montana. It owns a 100% interest in the New Polaris property, located in the Atlin Mining Division, British Columbia (BC), which consists of 61 contiguous Crown-granted mineral claims and one modified grid claim covering 850 hectares. The Windfall Hills gold project is located 65 km south of Burns Lake, which consists of the Atna properties, comprised of two mineral claims totaling 959 hectares and the Dunn properties, comprised of eight mineral claims totaling 2820 hectares. Corral Canyon property lies 35 km west of the town of McDermitt in Humboldt County along the western flank of the McDermitt caldera complex. Princeton Gold Property consists of 14,650 hectares and lies 35 km south of Princeton, BC.


TSX:CCM - Post by User

Bullboard Posts
Comment by veteran98on Feb 01, 2011 3:12pm
372 Views
Post# 18056990

RE: tempting......(but management questionable)

RE: tempting......(but management questionable)I bought in CCM a few months ago thinking that with POG rising that Polaris might give Canarc some speculative value. I was correct in that assessment and I as well thought that Relief Canyon was a stupid deal... However the price was rising so I thought maybe I was missing something....  Having said that I am surprised to see that Canarc is not selling off anymore than what it is... Something else in the piepline ???  Market sensing that Polaris might attract some interest ?? I'm not sure.....   What I am sure of is how ridiculous management is coming across on how they dealt with this Relief Canyon supposed acquisition....  For crying out loud Brad Cooke was all over BNN with his mug pumping Relief Canyon to the high hills...  News releases were sent everywhere with this same video of Brad Cooke pumping Relief Canyon to anyone that would listen...  They printed glossy full color brochures , signed up for a booth at the Cambridge Conference all for the purpose of pumping this Relief Canyon acquisition...   I'm sure all of this wasn't cheap....... Then to top it off the Cambridge Conference is barely over and they manage to get Jay Taylor on board to start pumping Canarc and the Relief Canyon acquisition and the ink is barely dry on Jay Taylors pump and they pull the plug on the whole thing.  GEEZZZ these guys.... I wonder if they even know how ridiculous the are coming across as....  Please please someone come in and buy Canarc out and kick this clowns out the door....... 
Bullboard Posts