Replies to post #431 on Gold Exploration in West Africa

[Ed Monton]

I knew this one was coming but missed the date.
Now I regret it.


SNU is another new issue but its an explorer not a producer and is on the venture exchange. Properties in Mali and Eritrea.

[FL]

huesos, I get correct GNR.TO heading on Stockwatch

It looks as though Guinor Gold (GNR.TO) started trading at around C$1.03 to C$1.07 last week. I'm surprised at the low trading volume; only a few trades per day, despite the price jump.

You can look at the price in Norway of Kenor/Guinor at www.bigcharts.com by typing the symbol "no:457810" which is or was the symbol for the Norwegian stock. It surged (gapped up)from NK 6 to NK 7 on Friday morning, then settled down during Friday and Monday to NK 5.89. As far as I know, it will continue trading in Oslo along with Toronto.

The TSX (Toronto Stock Exchange) webpage gives Guinor (GNR.TO) a total "Quoted Market Value" of C$206,757,397. For comparison, Cassidy Gold (CDY.V) gets a "Float Quoted Market Value" of C$21,617,300. That's almost 10 to 1. Does Guinor really have 10 times the value of Cassidy?

FL