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

Canadian Gold Corp V.CGC

Alternate Symbol(s):  STRRF

Canadian Gold Corp. is a mineral exploration and development company. The Company’s principal project is the Tartan Lake Gold Mine Project, a mineral property which hosts a past-producing underground mine. The Tartan Lake Gold Mine Project is located approximately 12 kilometers (km) directly northeast of the town of Flin Flon, Manitoba, Canada. The Project is approximately 2,670 hectares in area and consists of 20 mineral claims. The operation consisted of a 450 ton per day gold processing facility. The Company also holds a 100% interest in green field exploration properties in Ontario and Quebec adjacent to some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). Located due south of Agnico Eagle’s Hammond Reef Gold Project, the Hammond Reef North and South Projects are prospective for large tonnage, low grade gold deposits.


TSXV:CGC - Post by User

Bullboard Posts
Post by groundbeefon Jul 18, 2014 3:24pm
207 Views
Post# 22760924

3 YEARS TO **MAYBE** GET TO 10 CENTS?? 50% WRITE-DOWN? OUCH

3 YEARS TO **MAYBE** GET TO 10 CENTS?? 50% WRITE-DOWN? OUCH"The Offering is comprised of the sale of up to 5,000,000 units ("Units") at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company ("Common Share") and one full non-transferable purchase warrant ("Warrant"). Each Warrant shall entitle the holder to acquire one Common Share at a price of $0.08 at any time within 12 (twelve) months from issuance, and thereafter, at a price of $0.10 (and not $0.15 as announced on May 6, 2014) until the expiry of three years from issuance, subject to the accelerated expiry provisions described below.
Read more at https://www.stockhouse.com/news/press-releases/2014/06/23/satori-announces-amendments-to-private-placement-offering#sC4XEOdHvmuPM6Q4.99"

WOW!!!  THAT JUST SHOWS THE LACK OF FAITH THIS COMPANY HAS IN THE POTENTIAL OF THEIR SHARE PRICE!!  THAT'S A 50% WRITE-DOWN!!!!  OUCH!!!

THEY HAD TO REVISE THEIR PP BECAUSE THE PARTIES FORKING UP THE FUNDS DOESN'T BELEIVE IT WILL EVER GET TO 15 CENTS, AND THEY ARE SAYING 10 CENTS IN 3 YEARS???  HOW MANY OF YOU PURCHASED AT THAT PRICE AND ARE WILLING TO HOLD YOUR BAG FOR THAT LONG??

YOU ALL GOT SCREWED!!!!

THIS PLAY IS DONE.  GAME OVER!!  GET OUT WHILE YOU STILL CAN BEFORE 2 CENTS!!!!!
Bullboard Posts