Did You Read the last Canarc Resource Corp (CCM.to & CRCUF) Press Release? Something Big Could Be Coming…
FutureMoneyTrends Newsletter
[1]Canarc Resource Corp (TSX: CCM & OTCBB: CRCUF) is founded and led by Bradford Cooke, the founder and current CEO of Endeavour Silver who trades on the NYSE with a $1 billion market cap.
In their most recent PR, it focused mainly on a letter of intent regarding a private placement deal, however, if anyone was to read the entire PR (most don`t) they would have seen something incredibly bullish for this 14 cent junior gold.
The company has agreed to a 120 day period to negotiate with the private placement investor an option to earn up to a 51% interest in their New Polaris project for a total investment in exploration and development totaling $30 million. The value and opportunity in this going through is that Canarc Resource Corp currently has a market cap of just 13 million, see the price valuation problem It is possible that in the next 120 days, Canarc has $30 million cash, a joint venture partner, and is still only worth $13 million, not likely… Not likely if this closes, Canarc should see a massive increase in their share price almost over night! For more information, please visit [2]Canarc.net Focus on the trends, share our emails with friends and family.
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References 1. http://www.canarcalert.com/April-2012/id=&firm2. http://www.canarcalert.com/April-2012/id=&firm3. http://www.FutureMoneyTrends.com/
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