Cascadia Minerals Ltd V.CAM

The only fair price is to convert ATAC shares at $5.06 Hecla

[silvereagle80]

Haywood_Silvers made an excellent point in a post on March 28th in a subpost that may be missed by some shareholders,  "Based on today's closing price of  HL ($6.18), ATADF should be trading at 12.8 cents instead of the 10 cents it is currently trading at. We all have to watch this closely to ensure that we don't get screwed on any exchange rate into HL shares."  The fair exchange price would be the Hecla price on date of the LOI or $5.06. USD per share.  ATAC's price was frozen on that date with the offer  of $.10 USD.  Due to the large difference in market caps : $3.9B Heckla to 22.4 M for ATAC,the price varies very little to Heckla but viaries 28% to ATAC.  To be fair to the ATAC shareholders, the price of conversion from ATAC to Heckla shares must be at the price of the original letter of intent or Heckla at $5.06 per share.  .   

[barringtondolby]

Gold now over $2,000 an ounce.  If you insert t$2000 an ounce into the analysis that I mentioned was undertaken on Rackla's Tiger Project 7 years ago,you will see, we are giving away, for peanuts, a very, very attractive project.. I think it naive to think  Rackla will not go ahead,in the near future, especially with these type of returns, and with the prognosis for gold being so