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Cayden Resources Inc CDKNF



GREY:CDKNF - Post by User

Comment by SevenFigureson Sep 06, 2014 12:34pm
169 Views
Post# 22912595

RE:$ 3.50 - $ 4.00+ SP next week for CYD ???

RE:$ 3.50 - $ 4.00+ SP next week for CYD ???drill results and permit news of course are soon. they must have drill results by now but are not putting them out. if they were poor they likely not out them out right before the 2 conferences, they would have put them out a couple of weeks ago. so its likely the results are great, I cant recall any results that weren't in the past year plus at EB. wht differentiates cayden from the rest in las calles. bebek specifically said about a month ago on jay taylor that they plan to have $40 to $50 million in the bank by year end. a couple of months ago, the presentation language on that page changed from "late 2014" to "2014" regarding the las calles sale. they have a big EB payment coming up of over $2 million I believe around mid-October, it's in the appendix in the presentation. so, obviously this silence on the news is strategic. even over on the gold report website, the last update was on august 13, again unprecented. and I believe strategic... I also believe upper $2's lower $3s will be looked back upon as a bargain. The potential Las Calles sale makes it highly likely there will never be more than 60,000,000 shares printed (54 and change fully diluted right now). Even for the actual mine costs, a streaming agreement or a loan would be preferable to giving up equity. I find it hard to believe Ivan would work so hard to keep the share count to 54,000,000 and then for the mine, dilute everyone by 50% or more. In short, this strategic embargo of news, while normally a bad sign in gold jrs, IMHO, portends good news early next week in the areas of permits and angostura assays, and possibly, a las calles sale...
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