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Cascadia Minerals Ltd T.CAM


Primary Symbol: V.CAM Alternate Symbol(s):  CAMNF

Metals & Mining Gold
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

Cascadia Minerals Ltd > Reaction to Impairment charge
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Post by Awardedon Jul 14, 2016 6:47pm
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Post# 25054154

Reaction to Impairment charge

Reaction to Impairment charge
Impairment charge = C$32 million.  July 14 drop in market cap = 46.7 million shares  times $1.79 = 83.5 million.

Is this overdone or are investors expecting worse to come?
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Dealroom for high-potential pre-IPO opportunities