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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
Comment by jdn55on Aug 18, 2011 10:25am
296 Views
Post# 18955783

RE: RE: RE: RE: News OVERDUE!

RE: RE: RE: RE: News OVERDUE!I don't think any companies are in to big of a rush to release news given the current volatility and negativity in the general markets plus it's still mid August. ATC is a special case and now has a huge audience but IMHO releasing news right now would be a total waste of time given the current fear levels in the market and being in the dog days of August. 

Some of the companies I follow and own that released good news recently haven't moved or have even sold off. Look at KAM's recent results which I thought were great. It moved back up to about $4 and has hung in but that's it. Another favorite of mine is AGG. They just released a very positive scoping study on their Mali property that values the property at $1.75 a share based on $1100 gold and an oxide resource that's open in all directions and it's trading at
.55. Another one is CSI. Unbelievable results a few months ago on the stock has sold off to $7 from $9. It should be trading north of $10 at least. 

It's a tough market right now and no one wants to waste "bullets" until we get a little stability. The bright side is that ATC has hung in extraordonarily well. I really don't expect any news from them until toward the end of Aug and that's assuming the markets stabilize somewhat. Still looking for $15 - $20 by Christmas though!!

GLTA      
Bullboard Posts