Gene Arensberg: Gold-silver ratio nears first action target

Section:

3:40p ET Friday, April 22, 2011

Dear Friend of GATA and Gold:

While the Sprott group expects silver to keep outperforming gold, trader Gene Arensberg of the Got Gold Report is wondering whether silver has done so well lately that some of its profits should be shifted into gold. You can ponder this lovely dilemma with the latest edition of the Got Gold Report, headlined "Gold-Silver Ratio Nearing First Action Target," which you can find in the clear here:

http://www.gotgoldreport.com/2011/04/gold-silver-ratio-nearing-first-act...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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Canuc Resources Pursues Ecuador and Nova Scotia Gold Projects

Canuc Resources Corp. (TSX: CDA) has confirmed high-grade gold and the potential for large-tonnage, low-grade copper and gold mineralization at its primary asset, property in the historic Nambija gold mining district in southeastern Ecuador.

Last November Canuc took an option on the Mill Village gold property in southwestern Nova Scotia, which includes two past-producing mines. Canuc plans to begin surface and underground exploration at Mill Village in the next several weeks, financed by $2 million recently raised through a private placement.

To generate immediate income, Canuc is acquiring MidTex Oil and Gas Co., owner of a producing gas well and a lease on 320 acres in Stephens County, Texas.

Canuc's CEO, Gary Lohman, has more than 30 years of experience in the mining industry, primarily as a geologist, and the company's officers include similarly experienced people.

For more information about Canuc, please visit http://www.canucresources.ca/.