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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
Comment by ngobeon Sep 30, 2010 3:38pm
474 Views
Post# 17513850

RE: RE: RE: RE: RE: RE: News - Update Tiger Zone D

RE: RE: RE: RE: RE: RE: News - Update Tiger Zone DThe market looks technically overbought and has difficulty moving up.  If you look at DJI chart you will notice it has hit the upper part of the bollinger band on the upper part of a trading channel established from previous lower highs.  I believe this suggest a drop in DJI and therefore related global markets.  But it will likely be temporary, down to the lower levels of the trading channel (higher low) just below the 200day moving average and also likely striking the lower bollinger band before start of the next uptick.  And this coinciding with U.S. elections period (late October to early November).  I doubt the gold price will follow that pattern.  Also I don not think ATAC will follow that pattern as it is much more news driven than responding to minor corrections in the general market or the gold price.  IMHO

Always DYODD
Best of luck longs
Bullboard Posts