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Bullboard - Stock Discussion Forum Cadillac Mining Corporation CQXFF

GREY:CQXFF - Post Discussion

Cadillac Mining Corporation > Up 60% on 300k ...........
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Post by feasttime on Jan 25, 2012 10:10am

Up 60% on 300k ...........

Stock closed yesterday at .05, with sellers lined up and now we open with a single buyer at .08 cleaning up the market with a 300K buy.

Very interesting.

For those that believe that Gold is headed much, much higher ( as i do), this could be the beginning of the

Bull Run in the Junior Gold market and CQX is awfully cheap down here.


GLTA

 

FT

Comment by RogueWolf on Jan 25, 2012 10:21am
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 ...more  
Comment by feasttime on Jan 25, 2012 10:47am
Good points Rogue. Could be someone near the drilling in Utah likes what they have seen? Or, Maybe Richmont has decided to take a position? There are likely more than one catalyst here, but it looks like we're headed higher. FT
Comment by RogueWolf on Jan 25, 2012 12:33pm
I would have to agree....an 80% premium over yesterdays close is nothing to scoff at, especially on no news. Also take into account that theres only 27 million shares out and 700k of them have traded today. I wonder if someones front running pending drill results?  As per their last release it said the results were expected in mid-January. A good hole or two and this ones gonna be a five ...more  
Comment by feasttime on Jan 26, 2012 4:42pm
No follow up action today from yesterdays mystery buyer, who layed out 50K or so to take ( or increase) their position, but with CQX's holdings and a rising POG, we should have a very good year.   FT
Comment by RogueWolf on Jan 27, 2012 12:26pm
Someone was interested....a volume spike on no news is usually a bullish signal to me. We do have pending drill results....maybe someone knows something, alls i know is this stock is a steal at .065 cents, looking to buy more here. Rogue,
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