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COMMENT

Doesn’t own but is positively inclined to it. Thinks it is the best of the low grade deposits that is in Ontario. Very high regard for the geologist who has been moving this along. There are some decent high-grade sections in a low grade deposits. It is under a Lake, so there are some environmental and logistical issues.

Mining
WEAK BUY

Over 4 million ounces. Very good deposit. Low grade, just over a gram, but it holds together really, really well. Economics behind mining and processing it are going to be really good. Sits under a lake but that is an issue that can be resolved. Also, have to come to some kind of permanent arrangement with the native tribes. This stock has been hammered from fund selling. At this price, he is tempted himself.

Mining
BUY

Excellent grades. Has come off from over $2. There is a risk off trade going off with the juniors. It’s cheaper to step in than to wait for a company to make a new discovery.

Mining
COMMENT

Probably the best disseminated low grade gold deposit in Canada. It will be inexpensive to mine. The issue is that it is under a lake. It is a solvable issue but it will take a lot of work and a lot of permitting. Possible native issues as well.

Mining
BUY
Likes it. You want continuity of grade. Every assay there has gold in between .4 and 5 grams per tone. That’s what you want in those deposits. It will be inexpensive, power wise, to break down the rock. One of the better low grade disseminating deposits in Canada.
Mining
BUY
One of the few large, low-grade deposits being developed in Canada that seems to hang together. As a mine it works. Issue is that there is a lake in top of it and must be engineered around. Somebody will build this so they will probably get taken out.
Mining
BUY
Been following it. Still waiting on resource calculation but it is expected to be substantial. It’s going to be a winner.
Mining
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Gold Canyon Res Inc.(GCU-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Gold Canyon Res Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Gold Canyon Res Inc.(GCU-X) Frequently Asked Questions

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Gold Canyon Res Inc. is a OTC stock, trading under the symbol GCU-X on the (). It is usually referred to as or GCU-X

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On , Gold Canyon Res Inc. (GCU-X) stock closed at a price of $.