not sure if this wa sposted already but The Gold Report Interview with Marshall Auerback (8/8/12) TGR: One of Pinetree's largest positions in the precious metals space is Gold Canyon Resources. As of March 31, 2012, you held 10.288M shares. Why are institutional investors so bullish on this junior?
Marshall Auerback: A Its success raising money indicates that Gold Canyon has the makings of a world-class deposit. Its significant moves in the past few months have not been reflected in the stock price because of market conditions. The recent stepout holes and intercepts of depth show that Gold Canyon has really only scratched the surface. There is a lot of prospectivity here. Because of prevailing current market conditions, you get a fairly well-defined area, along with a lot of free optionality. The initial resource of 4 Moz Aueq is just a start. The next resource update should show significant growth. . .The company has recently added a team of mine builders to the board with the addition of Troy Fierro and Richard Hall, who have the ability to push the Springhole project forward. We do not foresee adverse surprises and believe the project has an above average probability of going into production.