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by Stockwatch Business Reporter
New York spot gold dipped $99.50 to $4,720.10 on Tuesday, one of the larger moves in the recent flattish stretch. Gold bugs grouse that wars and rumours of wars no longer move bullion these days, but their opponents appear wary that a new day might bring word of another Trumpian salvo from an unexpected quarter. Either way, the markets were unenthused: The TSX Venture Exchange slid 41.97 points to 1,023 while the TSX gold index shed 56.7 points to 904.78.
And so, most precious metals miners moved lower today. Equinox Gold Corp. (EQX) dropped $1.68 to $19.36 on 5.6 million shares today, and Lundin Gold Inc. (LUG) kept it company, dropping $11.26 to $103.92 on 830,000 shares. A few tried to keep a nostril above the waterline today, but only Allied Gold Corp. (AAUC) succeeded, adding two cents to $43.63 on 1.57 million shares in silence.
Frank Callaghan's Golden Cariboo Resources Ltd. (GCC), unchanged at 8.5 cents on 181,000 shares, has hit mineralization near the end of a hole probing the Halo zone, about 600 metres below surface. This was the 29th and last hole of the latest drill program on the Quesnelle gold project in central British Columbia. Assays for 27 holes are now in hand and results for the 28th are imminent. Assays from this latest hole will also arrive in time to be included in a coming resource calculation.
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"Frank Callaghan's Golden Cariboo Resources Ltd"
Fri Nov 7, 2025...James Frances Gerard Callaghan, a Senior Officer, Director and 10% Holder, acquired 2,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on October 31st, 2025.
With 131 million shares out, and trading at 8.5 cents, the company's latest financials show that it has about a million dollars in cash and receivables and about $490,000 in current liabilities.
Have any of the publicly traded companies which Mr. Callaghan has been involved with during the last 35 years (other than Barkerville, taken over by Osisko) gone into production?