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Canstar Resources Inc V.ROX

Alternate Symbol(s):  CSRNF

Canstar Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties located in Canada. The Company’s flagship exploration project is the Golden Baie project in south-central Newfoundland. The Golden Baie project is the Company’s flagship precious metals exploration asset. Its 100%-owned Golden Baie Project (548.75 square kilometers) hosts 93 kilometers (km) of a structure similar to Newfound Gold's QueenswayGold Project. Its Buchans-Mary March projects (65.75 square kilometers), which include a Glencore joint venture, are located within the past, producing VMS zinc-copper-silver rich Buchans Mining Camp and boast high-grade zinc and copper discoveries. The Buchans-Mary March Project is located in central Newfoundland, 20 km northeast of the same geological group that hosts the former producing Buchans Mine. Its wholly owned subsidiary is Altius Minerals Corporation.


TSXV:ROX - Post by User

Bullboard Posts
Comment by kojack1on Feb 26, 2013 5:18pm
232 Views
Post# 21045361

RE: Mary March II

RE: Mary March II

Feels like some one kicked me in the you know whats, but then taking a step back, if this was such bad news,  then why only approx 3.3 million shares traded yesterday and today of the total float of 82.9 million shares outstanding. Roughly 4% of the total shares sold off for this dramatic drop. Bad news would lead to a 20 to 30% sell-off, at times. This seems like a small number of disgrunted holders. Even going back a month or so not many shares traded hands as a precent to the total amount of 82.9 mil.

Bullboard Posts