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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

Post by stockarchangelon Mar 08, 2012 10:33am
367 Views
Post# 19643081

Rumors

Rumors

Like the urban legend of the Boogeyman, the innuendo is starting to take hold.

"Something's wrong with the geology."

"Issues with the licenses."

"SOC lawsuit."

"Conspiracy to release the sweet holes first and dupe investors."

"Bre-X."

"Resource estimate will be late."

"Seeding the cores."

Yada, yada, yada.

Get a hold of yourself folks. Here's an interesting link posted by a nice gentleman on the HNDI board. It gives a non-geologist's neutral view of Handeni, the inherrent problems with the geology, and the potential. If you have to doubt, at least educate yourself on what you have. This guy didn't gripe and beetch all day - he took the effort, constructed his own models and came to his personal conclusions. While reading this, remember that this only includes Magambazi, and I don't necessarily completely agree with his methodology, but I do believe he's pretty close to being on the money. If HNDI has located 17 or so potential targets, it follows that CAN also has additional targets on its property and a better than even chance of expanding its resource significantly.

https://reminiscencesofastockblogger.com/2012/02/09/canacos-magambazi-deposit/

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