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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

Bullboard Posts
Post by ngobeon Aug 12, 2010 3:23pm
514 Views
Post# 17345929

Share Price

Share PriceIt is ironic that with some significant progress in ATAC (two significant discoveries of Ocelot and Osiris, significant upgrade in Tiger zone grade, relatively large fundraising with favorable terms) the share price has stalled.  As if all these are cooked into the share price.  The rising price of gold may paradoxically not have helped this situation as some money may have gone to producers specially those beaten down lately with the general market conditions.  But this may prove to act as a coiled spring.  All it takes is a significant drill intercept in one of the several drill zones (specially other than the Tiger zone and its extension) and boom it is off to the races - i.e., catch up and pass the real value of the stock.

Disclaimer:  As a large shareholder I am biased.  Please always do your DD.


GLTA
Bullboard Posts