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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 Sunflyer11on Jul 24, 2011 3:19am
354 Views
Post# 18865939

RE: They put this up again as main article SH

RE: They put this up again as main article SH

Thanks izzy.  Great article about how the best on the venture  exchange  use spin-offs to  create wealth for shareholders.

I first bought canaco at 18 cents as Mack watson, ceo of FWR told shareholders it was his favorite gold stock.  We sold FWR for a five bagger to cliffs and Mack also spun off Quest rare earths-QRE--from fwr?  HE just joined an african gold explorer SPX--worth putting on your watch list.

His buddies with KWG are about to spin off 2  juniors and are by far the best way to play the Ring of fire.

I am very gratful to Mack as he really looked after his shareholders.  Canaco is the same way but we all need to be patient as real wealth creation takes time.

The hardest  part about investing on the venture,  is those mining the exchange.  Noront is the worst example where I lost money but gained a valuable lesson.

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