GREY:CDKNF - Post by User
Post by
SevenFigureson Nov 04, 2013 2:06pm
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Post# 21874783
Cayden mention today 11-4-13
Cayden mention today 11-4-13
https://www.theaureport.com/pub/na/the-visual-capitalists-guide-to-precious-metals-stock-picking
TGR: Let's move on to exploration names in Mexico.
RF: One of our top picks is Cayden Resources Inc. (CYD:TSX.V; CDKNF:NASDAQ). Cayden has about $3.6M to work with. Management common share ownership—corporate and directors—is almost 20%. The company has two projects: Morelos Sur in the Guerrero Gold Belt and El Barqueño, close to Primero Mining Corp.'s (PPP:NYSE; P:TSX) mine.
TGR: Cayden's overall Tickerscore is 67, but management scores even higher.
RF: The management score is 86. It is a great team with a good record of getting things done and the team has shown its belief in the projects by purchasing physical shares, not just options. Institutional and fund ownership is 25%, which helps out the management score.
Cayden also has a good G&A expense ratio, which translates into the majority of its money going into exploration for shareholder benefit, not into lining corporate pockets.
(of course, they are not counting the $7+ million due soon from Goldcorp from earlier sale of property)