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Cascadia Minerals Ltd T.CAM


Primary Symbol: 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

Post by Steelironmanon Apr 30, 2014 6:41pm
240 Views
Post# 22509947

Q1

Q1Not a great Q1 but at least stayed positive.  I guess lawyers fees in Q1 were pretty high as they actually started the trial with Freyssinet before settling out of court.  I was expecting some gain from the settlement but I believe they had set an amount as receiveables and probably the settlement was not that good.

You can expect a better Q2 plus a big increase in backlog.  The US market has a lot of huge projects going out in the market shortly.  Expect Canam to pick up their share.

In early April I wrote to buy before the quarterly results.  I did & made a $1.25.  Price went over $15.15 the day before the results came out.  Look for the same buildup next quarter.
We should see $16 before Q2 results.

The construction cycle is on an upswing.  This should last a few more years before quieting down.

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