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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 imho26on May 07, 2014 11:48am
182 Views
Post# 22533750

RE:RE:RE:RE:RE:Drilling is so Last Decade...M&A is the Here & Now

RE:RE:RE:RE:RE:Drilling is so Last Decade...M&A is the Here & NowYou may have noticed the decline in gold price and the sinking of every gold stock under the sun in the past two years. A junior explorer using its exploration money to buy another property when it already has a world class property whose only issue is its enormous size and where to concentrate, is ill advised. The last couple of months have seen it come back 70% while many other companies are still on the brink. ATC's also raised money to be used in exploration from a miner (Agnico) and now another 6+ million. I think it would be a great recipe for disaster should ATC lose sight of the ball and either blow some of the dough on an additional (non contiguous apparently) property or dilute shares to get it. Personally it's the last thing I'd like them to do. If you listened to Rob Carne, this year's drilling/exploration program is ramping up again with no risk to the kitty. I want to see this tiger defined more; that's what will be exciting and ATC are on the right track. Definitely wouldn't want them to increase the complexity of their enterprise and get into M&As etc and get away from what they're good at (exploration). A junior explorer buying another property when you have a gold district in this mining environment would be ill advised to say the least. Good luck with someone saving? the BCK Blende property. Is it written up somewhere online? I looked for more info on it but couldn't find. Cheers.
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