16:47:51 EST Sat 21 Feb 2026
Enter Symbol
or Name
USA
CA



Arcus Development Group Inc
Symbol ADG
Shares Issued 72,803,065
Close 2016-11-22 C$ 0.095
Market Cap C$ 6,916,291
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Kwantes says why to buy Arcus Development

2016-11-22 22:42 ET - In the News

James Kwantes, in the Nov. 2, 2016, edition of Resource Opportunities, tells readers why to buy Arcus Development Group Inc., recently nine cents. This is the first time he has recommended the stock in the newsletter. He likes Arcus's "prime land package" in the Yukon, consisting of four properties, one of which is just north of Goldcorp's Coffee property. Goldcorp acquired Coffee when it took over Kaminak Gold earlier this year. The proximity of Arcus's properties has clearly not gone unnoticed by the larger company; on Oct. 24, Arcus announced financings that will see 19.9 per cent of its shares end up in Goldcorp's hands. That is the same percentage ownership that Goldcorp has in Independence Gold, which owns the Boulevard project to the west of Coffee. Mr. Kwantes says Goldcorp is clearly trying to turn Coffee into a gold district, not just a gold deposit. That bodes very well for little Arcus. With winter on the way, however, Arcus will struggle to conduct any exploration work at its projects, which could weigh on the stock. If that happens, says Mr. Kwantes, investors should simply consider the stock to be on sale. He is keeping a core position in the stock for now and will watch for weakness to add more.

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