Canarc Resources Corp. TSX-V:CCM - OTC-BB:CRCUF

Experts Say...

Ellison Chu, Manager of Precious Metals - Standard Bank Asia November 2009

“India’s purchase (India’s central bank recently bought 200 tonnes of gold) had a psychological impact on investors. They think other central banks will also buy gold for their reserves. Gold will probably hang on to these high levels. We’re seeing good seasonal demand ahead of Christmas and the Chinese New Year”.