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

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > Getting kicked around
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Post by OldManWinter on Apr 16, 2012 3:51pm

Getting kicked around

OK, so what is the market telling us?? We have lost over 60 percent of our value in about a month or so. Is there something we don't know? I know the market is garbage but this is getting out of hand
Comment by OldManWinter on Apr 16, 2012 3:53pm
And to top it all off, there is not much support down here. I fully expecting this thing to test a dollar or below pretty soon which MIGHT present a HUGE opportunaty
Comment by Geospot on Apr 16, 2012 4:38pm
Somebody shake the tree?
Comment by cavedude on Apr 16, 2012 7:33pm
Right now the ENTIRE TSX is undervalued and we are being treated like some 3rd world country regarding our indices. The S&P is kicking our assets, which is why I have been investing in US stocks over CDN. We are sitting on a 5.00+ stock based on what it would have been valued at in 2007 when gold was even cheaper. However, the entire TSX is being looked at as one entity and there is a nasty ...more  
Comment by Geospot on Apr 16, 2012 11:24pm
Dude, here's Frank Holmes on TheStreet.com today talking about the extreme undervaluatons. Let's hope that he and Cannacord are right. https://www.thestreet.com/story/11497508/2/wheres-the-beef-for-gold-equities.htmlCanaccord says that, "sector weakness (less than one year) in the gold equities over the last six years has typically ended with "V" shaped corrections to the ...more  
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