Up to high 40's, over 30%, on these drill results:

http://ca.us.biz.yahoo.com/iw/100816/065....

Gold Canyon Intersects 217 Meters at 1.57 Grams Per Tonne Gold at Springpole Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2010) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce results for the first two drill holes of its Summer 2010 Diamond Drill Program at its 100% controlled Springpole Gold Project, located in the Red Lake Mining District of Ontario, Canada. Results include 217.0 meters at 1.57 grams per tonne gold (712 feet at 0.046 oz per ton gold) in hole SP10-007 and 123.0 meters at 1.45 grams per tonne gold (404 feet at 0.042 oz per ton gold) in hole SP10-008.
Hole SP10-007, 217.0 meters at 1.57 grams per tonne gold (712 feet at 0.046 oz per ton gold), was drilled at an azimuth of 220 degrees true north and inclination of -45 degrees and targeted a gap between the Portage and Camp Zones. This hole demonstrates that mineralization persists to depths of 180 meters below surface in this area and has a true width of at least 153 meters. Mineralization in this hole appears consistent with that of the Portage Zone which is hosted by intensely biotite altered trachytic porphyry. Gold is associated with a dense stockwork of biotite-pyrite-quartz-calcite veinlets that pervade the intrusive host rock.
Hole SP10-008, 123.0 meters at 1.45 grams per tonne gold (404 feet at 0.042 oz per ton gold), was collared 550 meters SE of SP10-007. It was drilled at an azimuth of 212 degrees true north and an inclination of -45 degrees and targeted the south-eastern extension of the Portage Zone. The intercept above was preceded by an interval of 59.0 meters at 0.98 grams per tonne gold (194 feet at 0.029 oz per ton gold), but due to a zone of no core recovery between 316.0 meters and 328.0 meters, the two intervals cannot be combined with certainty. Not only does this hole clearly demonstrate that the Portage Zone continues in a southeasterly direction, it also shows that mineralization persists to depths of at least 320 meters below surface in this area. True width of this Zone is estimated to be at least 137 meters in this area. Amazingly, mineralization in this hole is strikingly similar in appearance and grade to that in SP10-007 even though they are 550 meters distant.
Results from SP10-007 and -008, coupled with results from SP10-002, -005 and -006 drilled during the winter 2010 drill phase (see press releases from April 6 and May 4, 2010) and historic drilling, suggest that the Portage Zone is a northwest-trending, near-vertical body of mineralization approximately 600 meters long with true widths ranging from about 45 meters to 153 meters. It persists from lake bottom to depths of at least 220 meters at its northwest end and 320 meters at its southeast extension. The Portage Zone remains open to the southeast and at depth. Additional drill holes planned for this summer and the Winter 2011 campaign will further evaluate continuity.
Eight holes have been completed since start of the Summer Program for a total of 2,675 meters. Holes SP10-015 and -016 are presently in progress. A total of approximately 6,000 meters are planned for Summer 2010. Half of the Summer 2010 Program will test the Portage Zone; the remaining half will test extensions of other gold zones on the property, including East Extension and Camp, and will twin historic holes to verify previous results.

"These results are very encouraging," states Quinton Hennigh, technical advisor to Gold Canyon. "These results are better in terms of length and grade than most of the historic drill holes from the Portage Zone, and we believe this is a result of better core recovery than seen in the past. The Portage Zone is wide open for expansion to the southeast and at depth. Additional holes to be drilled this season could dramatically increase the size of this zone."

GCU hit $1.24 today! This has been an amazing play for me and I'm still holding a nice core position.

Up another 25% again today, pressing 1.60!

http://in.reuters.com/article/idINIndia-....

Industry groups lobby G20 on rare earth supply

By Juliane von Reppert-Bismarck

BRUSSELS | Tue Nov 9, 2010 1:11pm IST

BRUSSELS (Reuters) - G20 leaders must address bottlenecks in the global supply of rare earth elements or risk blockages in economic growth and the fight against climate change, industry groups from around the world said on Monday.

"Without adequate supply to open access to such elements, global efforts to address climate change, promote innovation, and advance global growth will be significantly hindered," the industry groups said in an open letter ahead of this week's G20 summit in Seoul, South Korea.

The letter was signed by representatives of automakers, electronics manufacturers and energy producers, among other sectors, from industrialised and developing countries.

Uncertainty over access to rare earths -- elements used in high-tech sectors from carmaking and electronics to Internet fibre optics and renewable energy -- has caused alarm across the world following a decision by China to curb exports in 2011.

China controls about 97 percent of global rare earth production, but says it wants to cut exports for environmental reasons. New mining projects in the United States, Canada and Australia will take several years to reach production.

"G20 leaders should work together to find pragmatic and sustainable short-term solutions for a stable and secure rare earth supply," said the letter, signed by 37 associations from the United States, the European Union, Brazil, Japan, South Korea and India.

The groups warned of acute trade tensions between the world's major economies resulting from supply cuts.

The EU, United States and Mexico are currently challenging Chinese export restrictions on raw materials, and EU officials say they are monitoring the situation while deciding whether to take more legal action against Beijing.

"Further trade disputes cannot be in the interest of all G20 nations," the letter said.

G20 leaders should commit themselves to refraining from export taxes or quotas, renouncing interference in the commercial sale of rare earths, collaborating to diversify rare earth mining and improving rare earth recycling, the groups said.

Among the letter's signatories were the Alliance of Automobile Manufacturers, the American Petroleum Institute, BusinessEurope, the Japan Electronics and Information Technology Industries Association, the Federation of Korean Industries and the Brazil-U.S. Business Council.

(Reporting by Juliane von Reppert-Bismarck, Editing by Rex Merrifield)

After a pullback into the high 1.30's low 1.40's, up 27% (hit 1.74) on this news.

I put in a small sell at $1.70 (3 cents over the current ask) and it got nailed.

VANCOUVER, BRITISH COLUMBIA, Nov. 17, 2010 (Marketwire) -- Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce that a very long intercept of gold mineralization in hole SP10-022, 223 meters at 1.45 grams per tonne gold (731 feet at 0.042 oz per ton gold) including 27 meters at 4.64 grams per tonne gold (89 feet at 0.135 oz per ton gold), extends the Portage Zone an additional 50 meters southeast (please see attached map: http://media3.marketwire.com/docs/gcu111.... This hole was lost at 396 meters in broken ground before it could reach its targeted depth. Hole SP10-024 twinned SP10-022, reached its targeted depth, and assays are expected back soon. Springpole Gold Project is 100% controlled by the Company and is located in the Red Lake Mining District of Ontario, Canada.

I sold another small amount at 2.05, today we are running to 2.40. Here is the latest...

"Investors have stepped up to the plate in the past two weeks after seeing the Springpoleassays. A summer drill program is striking fairly consistent grades ofgold and silver in breccias-hosted pods and veins. Still, Gold Canyonstock is now at three times its $50 million market capitalization of August.

To believe the momentum continues is to believe further assays duein December will show lengthy intercepts of significant gold grades atthis alkaline intrusion deposit. If you are doing the math, Springpole might hold as much as eight million ounces of gold. Thus, even with a lowly peg of $100-per-ounce in the ground, Barrick Gold (TSX: T.ABX, Stock Forum)or another large miner would need to spend about $800 million on apurchase. On a fully-diluted basis, the $2 stock one day could be worth$7 or more. Gold Canyon has other projects as well."

LED lights will be a huge driver of REE:

Quote:

White light can be made different ways - by mixing reds, greens, and blues, by using an ultraviolet LED to stimulate a white phosphor (the same stuff that's inside a fluorescent bulb), or by using a blue-emitting diode that excites a yellow-emitting phosphor embedded in the epoxy dome. The combination of blue and yellow makes a white-emitting LED. Combine a white phosphor LED with a few amber ones, and you can create a range of different whites - from the romantic glow of a candle flame to the hot, bright light of the sun.
Most "white" LEDs in production today use a 450nm – 470nm blue GaN (gallium nitride) LED covered by a yellowish phosphor coating usually made of cerium doped yttrium aluminium garnet (YAG:Ce) crystals which have been powdered and bound in a type of viscous adhesive. The LED chip emits blue light, part of which is converted to yellow by the YAG:Ce. The single crystal form of YAG:Ce is actually considered a scintillator rather than a phosphor. Since yellow light stimulates the red and green receptors of the eye, the resulting mix of blue and yellow light gives the appearance of white.
White LEDs can also be made by coating near ultraviolet (NUV) emitting LEDs with a mixture of high efficiency europium based red and blue emitting phosphors plus green emitting copper and aluminium doped zinc sulfide (ZnS:Cu,Al).

http://www.mt-berlin.com/frames_cryst/de....

GCU is holding steady in the 2.20's, it hit 2.80. Still holding a core position, but I have sold profits into strength.

GEM.V was up 47% today! I sold a small amount at the bell, looking for a pullback tomorrow where I'll probably just buy those back and perhaps a little more.

I have a few GWG.v which had a good day and mentioned on BNN, any othere that look cheap?

Albeit a spec play, EMI.V (Electric Metals) still hasn't gone bonkers yet.

Here is the link to the BNN piece about GWG

http://watch.bnn.ca/#clip396446 Jack Lifton holds

GCU has blew up the last 2 days with NO NEWS. Went from $3.30 to a high of $4.11 today. I sold another 4% into this the last couple of days and I already feel dumb, richer, but dumb!

Nice work on Gold Canyon. Take a look at Molycorp, a domestic rare earth producer purchased from Chevron and taken public by a firm I know well.

What's MCP's market cap and share structure?

See it today? Ouch if long, good if short.

BER.V has exploded today, up over 400%!!! I've been averaging down to under 10 cents on some buys. My avg is 18 cents, and it hit .485 today!!

Can anyone interpret these results? Some are saying they have never seen levels this high?!

http://app.quotemedia.com/quotetools/new....

(BE Resources Inc. Announces Remaining Assay Results from Drilling Program at the Warm Springs Beryllium & Rare Earth Project

Jul. 22, 2011 (Marketwire Canada) --

TORONTO, ONTARIO -- BE Resources Inc. (TSX VENTURE:BER) (the "Company") announces the remaining assay results from its drilling program to date at its Warm Springs project in New Mexico. This news release taken together with the news releases of December 2, 2010, March 29, 2011 and April 26, 2011, disclose the results of all drilling completed by the Company to date at the Warm Springs project, which commenced in September 2010.

Of the holes drilled to date, DH5 and DH10 are the most encouraging in terms of beryllium. As previously announced, the Company intersected a beryllium-mineralized zone in DH5 in excess of 100 feet in thickness with a maximum grade exceeding one percent beryllium oxide and over 55 feet of beryllium mineralization in DH10 with a maximum grade exceeding 0.5 percent beryllium oxide.

TORONTO (SHfn) – BE Resources (TSX: V.BER, Stock Forum) shares skyrocketed 782% to 75 cents on Friday after the micro cap explorer reported the remaining assay results from its drilling program to date at its Warm Springs project in New Mexico, which included 242 feet of 75.51% light rare earth elements (cerium, europium, lanthanum, neodymium, praseodymium, samarium) as oxides and 24.49% heavy rare earth elements (gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, yttrium) as oxides.

Jubber, I sold 1500 at .51 which was the HOD at the time, and let a core position ride, woohoo!

Halted today and they sent out a news release that show a mathematical error in the results, they were too high by a factor of 10 :-(!!

I'm sure my trade will be reversed, all trades on the day will likely be reversed.

Saw that, what a total cock-up, the company as far as I could work out didn't even realise how good the figures were they posted! Hope you get paid out, ****ing disgrace.
What happens to people who sold out at the top and reinvested into something else though, they will be buggered as well?

All trades for the day are being reversed, so yes, if you sold for big gains and bought something else, etc, rut roh!

Surprisingly it's opened today and not fallen off a cliff. Actually hit 39 cents.