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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 StompinTomon Oct 22, 2014 10:53am
218 Views
Post# 23050814

RE:RE:RE:TSX Venture

RE:RE:RE:TSX Venture
Not to rub salt, but I went back in today.  This is its roughly 2 year low and while not necessarily a floor, the margin of safety (such as it is in juniors) isn't bad.  About $0.20 of cash, a very targeted drilling program to widen the potential resource has ensured this company isn't going anywhere unless at somepoint Agnico decides to either increase its stake or just take it out.   Very well run junior; very low admin burn rate as well.  Why it has sold off more than other juniors is anyone's guess but I'll dip back in here.
Bullboard Posts