Junior Gold companies (CANARC RESOURCE)

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Canarc Resource Corp. (CRCUF: OTC-BB) is a gold exploration and mining company focused on the discovery and development of large gold deposits in North, Central and South America. Its principal assets include the high-grade New Polaris gold mine project in Canada, the large Benzdorp gold exploration property in Suriname and a production royalty on the new Bellavista gold mine in Costa Rica.

New Polaris has a major pre-feasibility program now underway and recent exploration on the Benzdorp property has identified several attractive gold prospect areas for drilling.

Canarc has no financially problems and major shareholders include Barrick Gold and Kinross Gold Corp.

CRCUF price movement make us believe it has great upside potential tough its shares are naturally speculative.