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Cadillac Mining Corporation CQXFF



GREY:CQXFF - Post by User

Post by Deco_pxxon Dec 16, 2010 12:58pm
304 Views
Post# 17856829

New YTH 42c / BMR morning

New YTH 42c / BMR morningone of the most exciting opportunities that has emerged recently is Cadillac Mining (CQX, TSX-V)…2011is going to be a breakthrough year for this company – its current chartis very indicative of that with record volumes that started a fewmonths ago…reading between the lines of its most recent news release, webelieve the company is close to pulling the trigger on a major preciousmetals acquisition in the Great Basin…of immediate interest are thecompany’s strategic claims that adjoin Richmont Mines’ (RIC, TSX) Wasamac Property which is approximately 15 kilometres west of Gold Bullion Development’s (GBB, TSX-V) Granada Gold Property…Richmonthas been aggressively drilling Wasamac since last May and more resultsare expected in January along with an updated resource estimate…we’ll becovering this increasingly significant story on our upcoming trip toRouyn-Noranda…the structure at Wasamac dips northerly onto Cadillac’s claims which are largely untested but Cadillachas discovered an “alteration pipe” and what appears to be a feedersystem typical of those seen under volcanogenic massive sulphide systemsin the Noranda camp…with a market cap of only $10 million, thepotential for Cadillac is enormous which is why there has been heavy accumulation of this stock…the company has also recently partnered with Visible Gold (VGD, TSX-V)on over 7,000 hectares of additional land in the general area…last yearat this time our Christmas present for our readers was Gold Bullion when it was trading at a market cap of just $6 million…this time it’s Cadillac MiningCQX is up 2.5 cents to 40 cents after hitting a new 52-week high this morning of 42 cents…it’s closing in on a new all-time high
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