Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 06, 2014 3:53pm
214 Views
Post# 22181100

Shakedown?

Shakedown?Unless management announces a 43-101 resource estimate at the end of the year, I think we'd all be correct to suspect something fishy is going on. Almost all other juniors at this stage of advanced drilling moved quickly to get a 43-101 completed. Why? Simply for stock value. A 5 million oz. estimate valued at $100 per oz. in the ground would give a $5.00 stock value to ATC. Also consider this is a high-grade, near surface deposit, so a $100 in the ground would be lkely be on the low side. At $5.00 per share, if required, it would be much easier to raise capital to fund further exploration without a huge share dilution.  Pretium, Kaminak, Ventana, etc. etc. had a resource estimate completed before their cash expired, so why should Atac be any different. If they don't move toward one, the only explanation would be that it's been done on purpose to separate small shareholders from their shares. Nothing else really makes any sense.
Bullboard Posts