Canuc Resources Corporation (CDA)

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Canuc Resources Corporation (CVE:CDA) Targeted by Promoters April 18, 2011

It appears some of Canuc Resources Corporation ( CVE:CDA ) fund raising efforts might backfire as interested parties turn to stock promoters. The most likely prelude to this was the poor stock performance. CDA stock didn't move upon the announcement of a $1.3 million private placement which was closed on April 5, nor did it twitch half a month before that when the company secured over $750 thousand. The reasons are plain and simple - low liquidity and a business that would have...read more