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Canadian Gold Corp V.CGC

Alternate Symbol(s):  STRRF

Industrial Metals & Minerals
Canadian Gold Corp. is a mineral exploration and development company. The Company’s principal project is the Tartan Lake Gold Mine Project, a mineral property which hosts a past-producing underground mine. The Tartan Lake Gold Mine Project is located approximately 12 kilometers (km) directly northeast of the town of Flin Flon, Manitoba, Canada. The Project is approximately 2,670 hectares in area and consists of 20 mineral claims. The operation consisted of a 450 ton per day gold processing facility. The Company also holds a 100% interest in green field exploration properties in Ontario and Quebec adjacent to some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). Located due south of Agnico Eagle’s Hammond Reef Gold Project, the Hammond Reef North and South Projects are prospective for large tonnage, low grade gold deposits.


TSXV:CGC - Post by User

Canadian Gold Corp
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Post by U3082014on Apr 03, 2012 11:42am
295 Views
Post# 19752950

Let the fleecing begin....

Let the fleecing begin....

I am not sure WHY people get excited over BUD???

 

Lets see...

 

RISK trade is OFF.....especially when it comes to  miniscule market caps on the Venture....

 

There is VERY little for ANYONE to be excited about here.....

 

Well established MAJOR Gold producers with low-cost production are treading water(if they are lucky) when it comes to their share price.

 

Companies like Kinross with 30 million ounce plus in reserves are having trouble staying about $10.

 

Tartan might contain 500,000 ounces of Gold at 3g/tonne.

 

Woopee....

 

The cost of mining has SKY-rocketed....even though Gold is $1600  mines the size of Tartan are very UNLIKEY to attract ANY serious interest....

 

I forsee share issue followed by share issue until they are so diluted it will be worthless....

 

All I can say is GOOD LUCK!!!  LOL!!!

 

 

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Dealroom for high-potential pre-IPO opportunities