Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (21873)	9/26/2006 9:01:26 AM
From: orkrious	Read Replies (1) of 78417

I am going to buy a core position tomorrow. Here's what Heinz said about it five weeks ago: @CRCUF -- trotsky, 11:19:31 08/17/06 Thu it is possible that others have now begun to look at Canarc's ridiculously low valuation and decided to move in on it, pre-emptively. i worked out the following back-of-the envelope calculation last night: if we deduct the value of Canarc's stake in Endeavor and the NPV of its Bellavista royalty from its market cap, the stock costs only about $1 per Polaris resource ounce alone! considering that Benzdorp may well contain a multi-million ounce deposit, this stock has to rank as THE cheapest gold exploration stock in the entire market. Ork speaking: DISCLOSURE: Long what most people would consider a sh*tload of CCM.to (CRCUF)

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