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Bullboard - Stock Discussion Forum Canasia Industries Corporation V.CAJ

TSXV:CAJ - Post Discussion

Canasia Industries Corporation > Investors value only long intervals of high grade
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Post by tiengong on Jul 04, 2012 10:22am

Investors value only long intervals of high grade

Unigold's chart pattern stands out among others because it reported long intervals of average gold grade which investors are excited about, if Unigold continues to release long intervals of some 34 grams per tonne gold, Aurelian Resouces the Second will has been made. But if only low grade gold is found, share price may not go anywhere but may decline over time just like others. https://www.youtube.com/watch?v=4vLwL5sOl04

Unigold monthly chart

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Augd&time=11&startdate=1%2F4%2F1999&enddate=7%2F2%2F2011&freq=3&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=32&lf2=0&lf3=4&type=2&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10&x=0&y=0
.
Unigold Intercepts 41 Metres of 1.44 g/t Gold, Extends Mineralization at the Candelones Project, Dominican Republic
https://unigoldinc.com/st/investors/press-releases-and-news/June6-2012.html
.
Unigold Inc. Reports New Results, Including 70 m @ 2.10 g/t Gold, at Candelones Extension, Neita Property, Dominican Republic
https://unigoldinc.com/st/investors/press-releases-and-news/apr11-2012.html
.
Unigold Inc. Reports New Results, Including 73 m @ 2.36 g/t Gold, at Candelones Extension, Neita Property, Dominican Republic
https://unigoldinc.com/st/investors/press-releases-and-news/jan16-2012.html

With already high grade gold just below the surface in Clone property, wail till deep hole assays come out from )SVG,TUO,CAJ) if there will be any planned by the management.

Clone property assays
October 20 2008
Hole No. From (feet) To (feet) Interval (feet) Au (g/t)
CL08-5 64 77 13 4.216
87 93 6 12.24
103 104 1 23.664
221 223 2 39.338
CL08-8 192 207 15 2.72
Average grade in 5 holes/intervals = 16.44
October 5 2009
Hole No. From (m) To (m) Interval (m) Au (g/t) Au (g/t)
15 14.63 17.07 2.44 14.05
16 13.72 21.64 7.92 20.22
18 22.56 31.09 8.53 3.61
46.33 50.6 4.27 26.23
19 6.1 12.19 6.09 2.09
20 4.57 24.69 20.12 7.11
including 16.76 24.69 7.93 15.28
34.44 46.94 12.5 7.39
21 11.89 19.81 7.92 30.37
including 11.89 13.72 1.83 115
Average grade in 8 holes/intervals = 13.88
October 22 2009
Hole No. From (m) To (m) Interval (m) Au (g/t) Au (g/t)
21 11.89 19.81 7.92 30.37
including 11.89 13.72 1.83 115.8
22 15.85 19.81 3.96 26.23
24 20.42 23.47 3.05 4.04
25 12.5 16.15 3.65 3.68
26 12.19 16.46 4.27 26.39
21.03 26.21 5.18 15.83
27 15.85 17.98 2.13 10.81
28 10.67 23.47 12.8 44.75
including 10.67 15.54 4.87 76.8
29 20.12 26.21 6.09 4.81
30 13.41 23.77 10.36 6.4
31 18.29 20.12 1.83 42.07
32 19.51 24.08 4.57 3.96
33 18.29 24.99 6.7 11.04
34 25.3 27.43 2.13 60.31
35 24.99 29.88 4.87 3.81
Average grade in 15 holes/intervals = 19.63
October 26 2010
Hole No. From (m) To (m) Interval (m) Au (g/t) Au (g/t)
CL10-03 23.41 26.82 3.41 14.63
CL10-04 27.19 28.1 0.91 13.26
CL10-05 19.66 20.27 0.61 16.5
48.46 48.89 0.43 11.35
CL10-06 21.43 22.77 1.34 48.53
CL10-07 22.07 24.57 2.5 66.58
including 22.07 22.62 0.55 222.75
CL10-08 19.51 22.8 3.29 12.74
21.85 22.8 0.94 38.88
CL10--09 17.8 23.47 5.67 6.75
21.58 22.65 1.07 33.23
CL10-10 60.05 63.09 3.05 14.05
60.05 61.23 1.19 27.12
CL-10-14 123.44 128.53 5.09 2.07
Average grade in 13 holes/intervals = 23.51
October 20, 2008 - October 26, 2010
Average gold grade in 41 holes / intervals = 19.35 g/t = 0.56 ounce/tonne
There are 5.6 million ounces of gold in each 10 million tonnes of ores
with inground resources value of $8.4 billion at gold price of $1,500
Source Of Information:
Silver Grail Resources / Teuton Resources (50%)
https://www.silvergrail.com/
Canasia Industries (50%)
https://www.canasiaind.com/s/NewsReleases.asp?numCols=1&page=1
Comment by td516 on Jul 04, 2012 12:16pm
sorry i said in my last post  svg at 0.015  i meant stock had dropped that amount .it's still not a great deal /glta