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Bullboard - Stock Discussion Forum 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... see more

TSXV:CAM - Post Discussion

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Post by desertmule on Jan 24, 2023 1:46pm

Trading

My stockwatch subscription will only go back 1 month....but I have to wonder why this stock trades like crazy and goes no where...in last 30 days traded over 5 million shares .. I am a small investor now and don't plan on increasing but sentimently have kept afew after that $10 run several years ago...I did ok but learnt a valuable lesson these juniors are just vehicles to make quick and fast money (gambling) not real money producers!  Be cautious.
Comment by wolfe1 on Jan 26, 2023 1:26pm
Try Stockhouse / its free, you can go back 0-10 plus years
Comment by tannin on Jan 27, 2023 4:30pm
It's both desertmule, both....more often you're right, use as trading vehicles, 'gambling', but, once in a long while, there's a different story. Is ATAC out of Nevada now ? Haven't looked at this one for a long time and see little/no mention of Nevada. Thanks.
Comment by desertmule on Jan 27, 2023 9:58pm
I don't think Nevada worked which is ok...if I'm right even this company will be a big winner... these juniors with honest management will make a lot of millionaires...but don't be afraid to sell and don't get greedy ,
Comment by tannin on Jan 28, 2023 3:42am
Thanks desertmule.....
Comment by barringtondolby on Feb 01, 2023 10:59pm
I agree with your observation, this stock is trading daily at unreasonably high volumes and going no where.Considering its a dormant time for Atac's oprations,, why so much activity?
Comment by Heywood_Silvers on Feb 01, 2023 11:55pm
Why so much activity?  Well, at the bottoms you always shake out weak hands, but you also have investors such as myself who will pick up shares at dirt-cheap prices (lowest in history).  Add the two together and you have volume. Once the investors outnumber the capitulators, the share price has only one way to go:  up. BTW, good press releases on some of their properties never ...more  
Comment by barringtondolby on Feb 02, 2023 9:46am
230k in first 10 minutes of trading. That is not investors like you and I. I think there is more to this. The amount of trades and the fact the SP is going down gives me the impression someone in accumulating. 
Comment by UptickHedge on Feb 03, 2023 2:31pm
Respectfully, 230k in volume equates to about $15k dollars at these prices - completely meaningless in grand scheme of things. The past month ranges from $0 to $39,000 traded in any given day. There is no meaningful accumulation as far as I can tell.  This company has to do something differently, and soon! It is running out of equity to dilute. New all-time low this week. Terrible ...more  
Comment by barringtondolby on Feb 03, 2023 4:24pm
Check Atac's web site, volume of shares traded in January has been substantial, especially for this time of the year. News we have received over the last few months has been positive.. Throw in a $1Million Placement at 9cents a share, and you would think the sp would be much healthier than it is.right now. i.e.an historic low! The way Atac's been traded recently could make people wonder if ...more  
Comment by barringtondolby on Feb 13, 2023 9:36pm
Is it coincidence that in January, we saw an unusual amount of trading in Atac shares, with no change in the SP, in fact it weakened. When in January Atac had received a buyout offer of 0.12cents.   More than coincidence methinks.
Comment by wreckles on Feb 14, 2023 1:12pm
I sold a wack of shares last week at a large loss. The fact that management did not update shareholders of this offer when it occured is another strike against them. The tote road fiasco is very telling. I see two possibilities, either they are very incompetent and believed they could get approval, or they used the application to pump up sp.  Don't even get me going on the random ...more  
Comment by Heywood_Silvers on Feb 14, 2023 2:31pm
No offense, but when you sell at the bottom you have nowhere to go but up.  Now, if you had an emergency need for the funds, then that is just flat out bad timing.  Otherwise, you know the RISKS when you sell at the bottom. I applaud Graham for not putting this 12 cent CAD offer to a vote because there are too many impatient shareholders out there who would jump on it at a huge loss.
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