Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Post by TA_Investoron Jan 20, 2013 8:00pm
181 Views
Post# 20863975

re:anyone know why

re:anyone know why

I think it was tax loss selling as he sold these shares just a few days before the deadline....he did the same thing with UGD....then in the new year he bought back shares in both companies....so it wouldnt make much sense to sell shares in a company and buy them back unless you still believed in the company. That is all in my opinion.

I am long GCU from 84 cents....purely based on the fact that i think its undervalued based on the ounces they currently have and considering its in canada. 

Things that worry me are the price of gold as it has been weak for weeks now.  Looking forward to the PEA but might consider selling if it gets above 1.10 before then.

<< Previous
Bullboard Posts
Next >>