Cadillac Mining Corporation CQXFF

RE: RE: RE: RE: Highest Volume Since March Today

[Rock34]

 

The big assumption here is that the results are excellent.  Lets say they are similar to Februarys results, I believe that this hits and surpasses $.50 if thats the case.  Im not saying it will happen in one day.  The key thing to remember is the small float size and the fact that even at $.25 it still only has a market cap of $7.5M.  On top of that this is over 30% owned by insiders.  Over the past few months all of the shares that have been bleeding into the market have been those that are selling for a loss after the run up in February.  There will always be some selling off, some profit takers and some MM’s but over the course of a few days if this sees another 100m + intersect with decent G/t  averages then look out.

 

GQC hit a market cap of $100M after their results (over many trading days), that would be over $3 in this case with the float size.   Remember GTA’s run up to $2?  Something like that could happen here because that only took them to a $50M market cap.  The markets are a little more favourable than they were in February, not much, but a little.  Most recently was the APM run up from $.09 to $.22 – that would be similar to this moving to +$.50

 

Anyway, you are absolutely right that I am seeing this through optimistic eyes, but the possibilities are huge.  There is always the chance that if you try to trade this at all you will miss out.