Canagold Resources Ltd. (CRCUF)

[TedDibiase1]

I did feel that that the interviewer wanted the mic back also haha.

We all know it takes a lot of $$$ to bring a mine into production. You can go to the bank for a loan but you'll get pummelled by the terms. If Canarc can prove up FG property and /or AIM properties, sell them and receive the type of return they received for El Compas, then I think they would be in great position to buy property in Mexico and develop a mine with costs denominated in Peso.

It seems to me like this is the plan. Rather than get buried under a mountain of debt with a loan from the bank, what other choice does a junior explorer have? They flipped El Compas for a 500% return in 9 months. Let's see what they can get for FG and Fondaway Canyon.