RE: Up 60% on 300k ........... I love waking up to a 60% increase on strong buying.....especially when theres no news.
Feast is right, this is an awfully good company to sink a few thousand bucks or more into....dirt cheap and they they have an excellent chance of finding something as well.
For those who dont know the history, Cadillac is drilling in Utah on the Goldstrike property. It was a former heap leach operation abandoned due to low gold prices in the early part of the last decade. The strategy is simple....close to surface mineralization that was producing but never drilled at depth. So pop a few drills in it and see what turns up, with this play it could be just that simple.
If nothing else, the Cadillac Break property in Quebec borders Richmont mines who had a discovery there as well.
Only 29 million shares outstanding as well.....a good drill and this thing could easily be a buck.
Rogue,