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Bullboard - Stock Discussion Forum Gold Canyon Resources Inc V.GCU

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > World events and GCU
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Post by cavedude on Dec 20, 2011 6:30pm

World events and GCU

U.S. stocks had a great run resulting in the Standard & Poor's 500 Index its biggest gain of the month. Housing start estimates were better than estimated so the US should be in good shape in 2012. Once Europe gets their house in order, we should see GCU back up over the 3.00 mark and beyond with the 43-101 :-).

A nice Xmas present for everyone.
Comment by pizzaman98 on Dec 20, 2011 7:59pm
So what are you going to say when the 43-101 comes out and we don't even hit $2. Oh ya,,,,,,,we have a 50,000 ton drill program this spring summer and we will go past -----.Do you guys watch the sports show when they do the segment on " COME ON MAN"? Well that's how I feel about your prognostication COME ON MAN.Forget about 43-101 for a moment the market was in RALLY mode ...more  
Comment by Geospot on Dec 20, 2011 8:46pm
Awe, c'mon. this was only the first day since mid-November that the market had a real change of sentiment.. A little patience. When this stock starts to move up shares for sale become scarce fast. That's why I'm still in it--I sold more than a dozen "POS" mining stocks in mid-summer, keeping only a significant position in GCU. Very few projects have the combination of known ...more  
Comment by buylow4 on Dec 20, 2011 10:36pm
Looks like $1.80 - $1.81 is the bottom we've been waiting for.  My guess is that the last few days were great buying opportunities. Technically, we may begin to experience a pleasant move upwards from here.....with possibly a very good day tomorrow.BL4
Comment by pleasureisland on Dec 21, 2011 12:49pm
I have to agree with the statement, COME ON MAN!!! You don't really believe all that positive drivel, do you????? "Once Europe gets their house in order"..........how can they???? Its QE to infinity. That means gold prices to infinity. That means anything associated with "gold" probably will do the same as the public seeks safety. Safety has always meant GOLD. Gold is MONEY ...more  
Comment by cavedude on Dec 21, 2011 1:46pm
hahah, i didnt mean to incite a riot. However, world events ARE what is driving many stocks at the moment. You canny argue that laddie. Everytime we get negative news, I have watched the DOW S&P etc. dip madly which always grabs spec stocks and pulls them down too - even worse than the blue chips. No big deal, this will all clear up in time - it always does.
Comment by pleasureisland on Dec 21, 2011 2:09pm
true enuff lad but gold will be king esp. the stuff one can hold in one's own hand; of course, for some of us silver will do just fine also (and a BIG gun to hold it as well, lol)
Comment by Geospot on Dec 21, 2011 2:17pm
OK, I promised not to clutter this board with opinion, but I really think today represents a sea change. Obviously the reason that junior equities have traded down since spring as gold has gone up is because people have been trading from their 2008 playbooks--i.e., fear of a Lehman-type event made safe assets preferable to equities, even gold equities. What the ECB did today, and promised to do ...more  
Comment by cavedude on Dec 21, 2011 2:22pm
LOL! And just for the record, I do own GCU and am holding for the anticipated 43-101, so yes, I do share your sentiment about the gold god. Will be on vacation starting tomorrow can't wait :-)
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