CSRFF, Members need to read this open letter to shareholders, CSRFF COULD RUN TO $10.00 IF THE PRESIDENT DELIVERS THE GOODS

CSRFF, Members need to read this open letter to shareholders, CSRFF COULD RUN TO $10.00 IF THE PRESIDENT DELIVERS THE GOODS

CSRFF also trades on the TSXv (http://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=exp) under the symbol EXP.  PSC thinks members should go to the company website (http://www.canadianshieldresources.com/s/Home..asp)and do some due diligence.

CSRFF has been a star stock for members. We alerted CSRFF to our members @ .30 in early March.  The shares rallied hard this year and hit a high of $2.02 last week with a last trade of $2.01.  This is a 570% move for members who followed our alert.



THIS OPEN LETTER TO SHAREHOLDERS IS A MUST READ.  THIS COMPANY COULD TRADE PAST $10.00 IF THEY DELIVER THE GOODS.

http://www.pennystockchaser.com/download/CanadianShieldSummaryDec222009.pdf

The company is cashed up and ready to drill.  Once we get results, the stock could zoom higher and make our members even more money.

Cdn Shield arranging $1.8-million private placement

2009-12-16 15:38 ET - News Release

Mr. Keith Laskowski reports

CANADIAN SHIELD PROPOSED PRIVATE PLACEMENT FINANCING

Canadian Shield Resources Ltd. has proposed a non-brokered private placement offering of up to 2.25 million units at 80 per unit for gross proceeds of up to $1.8-million. Each unit consists of one common share and one-half of a non-transferable warrant. Each whole warrant entitles the holder to purchase one common share at an exercise price of $1.20 per share for a period of 18 months from the date of closing of the private placement offering. The warrant is callable, at the option of Canadian Shield, four months after the date of closing in the event its common shares trade at or over $1.60 per share for 10 consecutive trading days. The number of common shares issuable if the private placement is fully subscribed and all warrants are exercised is 3,375,000 common shares for gross proceeds of $3.15-million.

Under the private placement offering the company may make an overallotment of up to 250,000 units for additional gross proceeds of up to $200,000.

Qualified finders will be paid finders' fees of up to 5 per cent of the gross proceeds from the units placed by the finder and up to 112,500 compensation warrants. Each compensation warrant entitles the finder to purchase one common share at an exercise price of $1.20 per share for a period of 18 months from the date of closing of the private placement offering. The compensation warrants are callable, at the option of Canadian Shield, four months after the date of closing in the event the common shares trade at or over $1.60 per share for 10 consecutive trading days.

The strike price for the units and the compensation warrants was reserved with the TSX Venture Exchange on Nov. 17, 2009. The offering is being made under the TSX-V private placement policy and is subject to regulatory approval.

The proceeds of the offering will be used for: (i) exploration program respecting regional Andean gold exploration program (announced in the company's news release in Stockwatch on Dec. 15, 2009); (ii) property acquisitions; and (iii) working capital and general corporate purposes.

We seek Safe Harbor.   



Please remember to do your due diligence on CSRFF.