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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 jaydawgon Mar 19, 2013 11:41am
281 Views
Post# 21150144

RE: RE: Agnico Eagle mines News Release

RE: RE: Agnico Eagle mines News Release

It's positive news. The share dilution is a concern, but in reality does it matter that much if there is 110 million shares outstanding or 120 mil. outstanding? It's about the same difference of $10.00 per share vs $9.10 per share. One would hope that by the time they work through the 27 million, there would be a signficiant resource estimate in place to justify a double digit share price.

Bullboard Posts