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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 capebretongirlon Nov 09, 2011 4:31pm
320 Views
Post# 19223845

RE: TD target reduced by $3.00?

RE: TD target reduced by $3.00?Yes, with gold prices stable and the same estimates in the ground for CAN, it is hard to understand a target price of $5 by TD.  You are right about NES which dropped below 2 bucks and then recovered to over $3 at a time when CAN continued to spiral downwards so market conditions as an excuse is just not viable anymore.  It really is difficult to pinpoint the problem here and at todays $1.67, we are again unbelieveably headed in the wrong direction.  TIG, which has really found nothing to date is almost even with CAN which is a further indication of the loss of confidence on CAN.  I believe a concerted manipulation of this stocks sp is ongoing, however its hard to figure out exactly who is orchestrating it.
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