Canarc Resource Corp. (CRCUF.PK)

The corporate offices of Canarc Resource Corp are located in British Columbia, Canada. Currently, the shares of Canarc Resource Corp are listed on the Pink Sheets and Over the Counter Bulletin Board (OTCBB) under the stock symbols CRCUF.PK and CRCUF.OB, respectively. We advise caution because most investors end up with losses after investing in Pink Sheet stocks. Due to the fact that the company is listed on two exchanges, they may have the ability to draw a bigger investor following than their pink sheets peers.

284 employees are working for this mid sized company. The number of employees makes the company more able to achieve their goals if they are adequately financed to retain these people. You should consider the risks related to a workforce of this size, when you evaluate this stock.

As of Dec 31, 1969, the company's share price was $0.06. At this moment, the share price is 88.95 % lower than its 52 week high of $0.57. The low share price may indicate possible ongoing problems associated with the company's financial position. The stock is hitting new 52 week lows. Counter-trend investors might find this an opportunity to buy some of it. But such an approach may not always be successful. The stock trades at insufficient volume, thereby making it subject to possible market manipulation.

Recently, some news was announced by the company. On Dec 01, 2008, Canarc Resource Corp issued a headline regarding " Canarc Closes $100,000 Private Placement Financing ". Although this news is out there, it is too early to determine the ultimate effect that it will have on the company's share price.