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Cascadia Minerals Ltd V.CAM

Alternate Symbol(s):  CAMNF

Cascadia is a Canadian junior mining company focused on exploring for copper and gold in the Yukon and British Columbia . Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper and 30.00 g/t gold.


TSXV:CAM - Post by User

Bullboard Posts
Post by tegritymanon Jan 27, 2011 9:19pm
386 Views
Post# 18038222

A little gold dip.

A little gold dip.
https://money.cnn.com/2011/01/27/markets/gold_price_decline/index.htm

WHY GOLD IS LOSING IT'S LUSTRE

NEW YORK (CNNMoney) -- Gold is looking a little less shiny lately.

Asfears over debt, inflation, and political instability have eased overthe past several weeks, gold has lagged behind stocks and bonds.

Theprecious metal has fallen more than 6% from the start of the year andis now trading at a three-month low. That's a far cry from therecord-setting run gold was having during the second half of 2010.

Thereason behind last year's rally is simple. Gold is considered by manyto be a "safe haven" investment that can be used as a hedge againstinflationary pressures, political instability and overall economicuncertainty. With those fears easing, analysts say there's been littlereason to be in gold right now.

"Over the past several weeks,you've seen stock markets rise to multiyear highs and the politicalenvironment seems to look a bit better both domestically and overseas,"said Carlos Sanchez, precious metals analyst with CPM Group.



Bullboard Posts

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