SC 13G 1 sc13g.htm SC13G sc13g




SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )


  Canyon Resources Corporation
------------------------------------------------------------------
(Name of Issuer)
 
  Common Stock
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(Title of Class of Securities)

  138869300
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(CUSIP Number)

June 2, 2006
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(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[  ] Rule 13d-1(b)    [ x ] Rule 13d-1(c)    [  ] Rule 13d-1(d)

The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities and Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




CUSIP No. 138869300
 
1. Names of Reporting Persons.
 
I.R.S. Identification Nos. of above persons (entities only).

Hedgehog Capital LLC
 
2. Check the Appropriate Box if a Member of a Group. (See Instructions)

(a) [ x ]

(b) [  ]
 
3. SEC Use Only.

 
4. Citizenship or Place of Organization.

DE
 
Number of 5. Sole Voting Power.
1,375,600
Shares Bene- --------------------------------------------------------------

ficially Owned 6. Shared Voting Power.

by Each --------------------------------------------------------------

Reporting 7. Sole Dispositive Power.
1,375,600
Person With: --------------------------------------------------------------

8. Shared Dispositive Power.

 
9. Aggregate Amount Beneficially Owned by Each Reporting Person.
1,375,600
 
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares. (See
Instructions) [  ]


11. Percent of Class Represented by Amount in Row. (9)
3.14%

12. Type of Reporting Person. (See Instructions)

OO

 
Page - 1
 

CUSIP No. 138869300
 
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

Hedonic Capital LLC
 
2. Check the Appropriate Box if a Member of a Group. (See Instructions)

(a) [  ]

(b) [  ]
 
3. SEC Use Only.

 
4. Citizenship or Place of Organization.

DE
 
Number of 5. Sole Voting Power.
693,481
Shares Bene- --------------------------------------------------------------

ficially Owned 6. Shared Voting Power.

by Each --------------------------------------------------------------

Reporting 7. Sole Dispositive Power.
693,481
Person With: --------------------------------------------------------------

8. Shared Dispositive Power.

 
9. Aggregate Amount Beneficially Owned by Each Reporting Person.
693,481
 
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares. (See
Instructions) [  ]


11. Percent of Class Represented by Amount in Row. (9)

1.28%
12. Type of Reporting Person. (See Instructions)
OO


 
Page - 2
 

CUSIP No. 138869300
 
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

David T. Lu
 
2. Check the Appropriate Box if a Member of a Group. (See Instructions)

(a) [  ]

(b) [  ]
 
3. SEC Use Only.

 
4. Citizenship or Place of Organization.

USA
 
Number of 5. Sole Voting Power.
2,415,822 *
Shares Bene- --------------------------------------------------------------

ficially Owned 6. Shared Voting Power.

by Each --------------------------------------------------------------

Reporting 7. Sole Dispositive Power.
2,415,822 *
Person With: --------------------------------------------------------------

8. Shared Dispositive Power.

 
9. Aggregate Amount Beneficially Owned by Each Reporting Person.
2,415,822 *
*1,375,600 shares are owned by Hedgehog Capital LLC. David T. Lu  managing member of Hedgehog Capital LLC has sole dispositive and voting
power over these shares. 693,481 shares are owned by Hedonic Capital LLC. David T. Lu as managing member of Hedonic Capital LLC has sole
dispositive power over these shares. 346,731 shares are owned by David T. Lu individually, and David T. Lu has sole dispositive and voting power over
these shares.
 
 
Page - 3
 

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares. (See Instructions) [  ]
 
11. Percent of Class Represented by Amount in Row. (9)
5.52%

12. Type of Reporting Person. (See Instructions)
IN
 

Item 1.

(a) Name of Issuer.
Canyon Resources Corporation
 
(b) Address of Issuer's Principal Executive Offices.
14142 Denver West Parkway, Suite 250
Golden, Colorado
 

Item 2.

(a) Name of Person Filing.

(1) Hedgehog Capital LLC

(2) Hedonic Capital LLC

(3) David T. Lu

David T. Lu is the managing member of Hedgehog Capital LLC and has sole  voting and dispositive power with respect to shares owned by Hedgehog Capital
LLC. David T. Lu is the managing member of Hedonic Capital LLC and has sole  voting and dispositive power with respect to shares owned by Hedonic Capital
LLC. David T. Lu has sole voting and dispositive power with respect to shares  owned by David T. Lu.
 
 
Page - 4
 

 
(b) Address of Principal Business Office or, if none, Residence.
1117 E. Putnam Ave #320
Riverside, CT 06878
 


(c) Citizenship.

(1) DE

(2) DE

(3) USA


(d) Title of Class of Securities.

Common Stock


(e) CUSIP Number.

138869300


Item 3. (1)

(2)

(3)

 
Page - 5
 

Item 4. Ownership.

Hedgehog Capital LLC

(a)
 
Amount beneficially owned: 1,375,600
 
 
(b)
 
 
Percent of class: 3.14%
 
 
(c)
 
 
Number of shares as to which the person has:
 
 
 
(i)
 
 
Sole power to vote or to direct the vote 1,375,600
 
 
 
(ii)
 
 
Shared power to vote or to direct the vote __________________.
 
 
 
(iii)
 
 
Sole power to dispose or to direct the disposition of 1,375,600
 
 
 
(iv)
 
 
Shared power to dispose or to direct the disposition of _______________.
 



 
Hedonic Capital LLC
 
 
(a)
 
Amount beneficially owned: 693,481
 
 
 
(b)
 
 
Percent of class: 1.28%
 
 
 
(c)
 
 
Number of shares as to which the person has:
 
   
 
(i) Sole power to vote or to direct the vote 693,481
 
  
   
 
(ii) Shared power to vote or to direct the vote __________________.
 
  
   
 
(iii) Sole power to dispose or to direct the disposition of 693,481
 
  
   
 
(iv) Shared power to dispose or to direct the disposition of _______________.
 
  
 
*Includes warrants to acquire 374,519 shares of Common Stock
 
 
Page - 6
 

 
 
David T. Lu
 
(a)
 
Amount beneficially owned: 2,415,822*
 
 
(b)
 
 
Percent of class: 5.52%
 
 
(c)
 
 
Number of shares as to which the person has:
 
 
 
(i) Sole power to vote or to direct the vote 2,415,822*
 
 
 
(ii) Shared power to vote or to direct the vote __________________.
 
 
 
(iii) Sole power to dispose or to direct the disposition of 2,415,822*
 
 
 
(iv) Shared power to dispose or to direct the disposition of _______________.
 
 
*1,375,600 shares are owned by Hedgehog Capital LLC. David T. Lu  managing member of Hedgehog Capital LLC has sole dispositive and voting
power over these shares. 693,481 shares are owned by Hedonic Capital LLC. David T. Lu as managing member of Hedonic Capital LLC has sole
dispositive power over these shares. 346,731 shares are owned by David T. Lu individually, and David T. Lu has sole dispositive and voting power over
these shares.
 

Item 5. Ownership of Five Percent or Less of a Class.


If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
 
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
 
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
 
Item 8. Identification and Classification of Members of the Group.
 
Item 9. Notice of Dissolution of Group.
 
Item 10. Certification.
 
 
Page - 7
 
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
SIGNATURE


After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


Date: 6/13/06


By: /s/ Hedgehog Capital LLC by David T. Lu
 David T. Lu, Managing Member
 
By: /s/ Hedonic Capital LLC by David T. Lu
 David T. Lu, Managing Member

By: /s/ David T. Lu
 David T. Lu

 
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