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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 kensinon Mar 26, 2012 2:00pm
352 Views
Post# 19718680

RE: RE: When the wolves turn

RE: RE: When the wolves turn

 

It's on Mr. Earle's original analysis and in a brochure I picked up at an AGM January 2011 or so. the actual number (forecasted as approximate) was based on how simple the recovery would be based on the land structure, mineralization and actually shows $288.00 an ounce on my notes. They have since had a news release indication % separation efficiency which was well above average. These were guesses in the fall of 2010 however there has been no update to my knowledge changing the guestimate. I may be way off but that's what is in print.

JMO

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