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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 Jun 21, 2023 7:29pm
77 Views
Post# 35508166

RE:RE:RE:RE:RE:RE:Something to consider regarding M&A vote

RE:RE:RE:RE:RE:RE:Something to consider regarding M&A voteNo arguments there.  I don't think any of us were waiting on returning to $10 any time soon.  However, bumping back up to say the 50 cent level was more than feasible.  A few years ago we were in the 30 cent USD range or about triple what Hecla is proposing to pay us today.

Nothing has changed in the last three years, the least of which is the gold price which is still bumping around in the vicinity of $2k.  Nothing has changed other than we now know that management has decided that they are willing to allow another party to take Rackla though the tote road permitting and subsequent milestones.

So, if management is very keen on entertaining offers, why did they jump at the first offer that had barely a whiff of being semi-legitimate?  Dang!  If I were a used car salesmen I'd hope that ATC management walked through my door since they'd bite on the first offer I threw at them!!

If the BoD needs help finding the word "negotiation" in the dictionary it is between the M & O sections!  You'd think that they would be familiar with the term.  But, we often times give others too much credit when no credit at all is deserved.

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