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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

Comment by Heywood_Silverson Feb 22, 2022 10:40pm
262 Views
Post# 34452525

RE:RE:RE:I have owned this stock for years.

RE:RE:RE:I have owned this stock for years. Long term could easily be 10+ years.  The Yukon is still in its infancy as far as mining is concerned, but it will have its day.

Yes, $2k gold will perk up everyone's interest and get projects moving along faster.  At a certain point, money talks and the skids get greased and deals get done.

I've only been in ATAC for 3 years, and although I am a tad underwater it isn't anything I"m not prepared to weather.  The company has good management and are solid geologists.

I was wondering why they just picked up two new properties, and today's press release answers that question - Goldfield didn't have the high grades that ATAC was hoping for and they cut bait.  At least they came in under exploration budget and knew when to move on.

As long as humanity desires gold and mines it, we'll need the grass roots exploration teams to foster projects to a production decision.  High risk and high reward, at least ATAC has more than just one horse in the stable.  They've been around for 19 years, they have credibility and patience as all of us must have.

I do feel for those who were buying anywhere near $1+  Those halcyon days might take longer to return than one might wish, but who knows, gold will be eclipsing higher highs than many would think possible.  I think even the most conservative believe $3k gold isn't too many years off in the distance.  How do you think that will impact juniors such as ATAC?  Just be patient, buying at the bottom never hurt.
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