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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 jaydawgon Feb 07, 2012 11:33am
332 Views
Post# 19499501

Shorters

Shorters

Shorting is a reality of the the stock business and shorters will always use forums like this to eat other people's  lunch. That's why statements put out by ATC's communication department that the deposit has to prove up 5 million ounces to be viable is baffling. Shorters don't need help to ply their trade - especially from the company they're trying to destroy. The question is why does the gold deposit have to be worth  8 billion in order to build a paltry 10 million dollars worth of road? It has to be a red herring. My gut feeling is that the company is in friendly negotiations on a take-out offer. Perhaps the statement was made to cool other potential parties until the process is complete. Not a whole lot else makes sense. 

Bullboard Posts