GREY:CQXFF - Post by User
Post by
jsnfernleyon Dec 07, 2010 12:58pm
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Post# 17812908
Major Change in Direction
Major Change in DirectionCQX literally abdicates their Cadillac Break properties (except Dassarat North) by farming them out, and announces their desire to play in the Great Basin (primarily Nevada), which they state they have been reseaching for the last two years. I guess this shouldn't be that much of a surprise considering how they went to BC several years ago while ignoring the Cadillac Break properties.
Mgt has stated in the past their desire to preserve their capital structure and not dilute. Have they already found the project they want?
Who knew and why did the stock price rise for no apparant reason prior to the announcement?
Enquiring minds want to know.