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.

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Canadian Gold Resources Ltd

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Post by STVPon Nov 15, 2011 2:29pm

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Post# 19238912

Short Squeeze:

Does anyone expect there to be a short squeeze in the next day or so given today's plus 10% rally? I would expect those shorts to cover soon or face margin calls, so CAN could easily rally another 20% in the next couple days - just my opinion.

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