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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 ThisBSagainon Jun 01, 2012 7:50am
410 Views
Post# 19969380

RE: RE: RE: Canaco Update

RE: RE: RE: Canaco Update

From the PR 5MM on the PEA - If i were in the drivers seat i'm not sure i'd be continuing with the PEA at that expense contrasted with the reserve.  now of more interesting note..  the $6MM in planned expenditures over the next 6 months, i'd like some more detail..  how many people work here?  what's going on requiring a mill a month.. and how much is the legal bill expected to be?  correct me if i'm wrong but i see the co exiting 2012 with 95-5-6=$84MM & 140-84=56 spent to date for a million oz.??

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