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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Post by gossincon Feb 25, 2012 2:03pm
460 Views
Post# 19585462

Compare to TRR also

Compare to TRR also

$2.48* 528/276 = $ 4.74.   Lower than the $5.68 compare to RR and that would reflect the lower TRR grades at rounghly half GCU and no silver there to stream to SLW.

SO, I think we can gross up GCU TRR compare price by 50% safely and conclude that GCU might trade in the range of $ 5.68 - $7.11 after our news gets some digestion.

It really makes no sense to be trading at current level from all evidence I can find

 

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