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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by diabase1on Apr 29, 2013 4:08pm
106 Views
Post# 21315486

RE: RE: Bid at .32 over 1,000 lots

RE: RE: Bid at .32 over 1,000 lots

Probably CIBC is tired of selling 500 shares every 2 minutes, so they are putting their shares on the open market. As GCU management I'm sure knows already, CIBC has been a dreadfull 'partner' in GCU's financings.

Another thought, would Conrad Pinette's buying of all those shares on April 24, be just a disguise for bad tidings to come??? He can afford it.

Bailey2: GCU will have to go thru all the 'steps' in the government environmental protocol, like everybody else, but for me, this should not be a problem. GCU management knows that there are strict rules in Ontario for draining lakes.

With that being said, the Ontario Environmental Agency (I'm sure), is also aware that with proper environmental guidelines for the Springpole Lake gold deposit, will also say that the Springpole will be a major economic contributor to NW Ontario.

 

  

 

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