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Cascadia Minerals Ltd V.CAM

Alternate Symbol(s):  CAMNF



TSXV:CAM - Post by User

Post by silvereagle80on Mar 02, 2023 2:22pm
299 Views
Post# 35315671

What's the deal??

What's the deal??Does Heckla get this company March 15th for $.10 USD plus a spinco consisting of  a few of Atac's copper properties they valued at USD $.06? Hardly think that makes sense if Rackla and all the other assets are only going for only $.10.  Spinco will probably be down to $.02  after the shareholders are left with Hecla, a company that has increased very little since inception in 1891.   Why is management so interested in making a deal with Hecla?  Really not much better than Victoria's offer because that spinco doesn't amount to too much.  Are the shareholders going to vote on this proposal? Management only owns 2% of the   stock.   A 2% group that has watched the stock drop from $9.00 to $05 wuthout taking any action to improve the price until Victoria offered to double the value of the stock 100% overnight.   I reentered ATAC in the past year after being gone for ten years.  I will make a nice profit if the deal is made and moveon.  I feel for the shareholder that has been with ATAC for a long time hoping  for the big payoff. I hope another company jumps in with a better offer for the shareholders.
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