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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
Post by yukoninvestoron Apr 08, 2017 12:07am
111 Views
Post# 26095126

eerily quiet with this stock

eerily quiet with this stockIts EERILY quiet with this stock.

I realize they have enough money in the till to cover the planned 2017 program but you would think they may want to raise a few more dollars while the market is cooking for Yukon projects.  Maybe take this opportunity to get some of the long-term investors who are out of the money averaged down. Yet no news on that front.

A big milestone for the project would be a road approval and I gotta imagine they are working on that but as of yet there is no news on that front (unless I missed something).

Most Yukon-centric junior explorco's with major projects such as this are seeing their share price steadily increase while Atac's  share price appears to be wandering lost between 35c-50c for several months now. No news there.

Recently other Yukon-centric junior explorco's with major projects or portfolios are getting deals done with mid-tier or major producers (KAM, GSR, WGO etc) but apart from a cash infusion by Agnico Eagle back in early 2013 nothing new to report on that front.

Anytime I see a company with a significant target such as this in an area as hot as the Yukon do relatively little in comparison to the competition while their share price stagnates it makes me wonder whats up. In my opinion this could suggest that they are either running out of ideas on how to drive the stock or they could be working on something big which is sapping their time and efforts. I suppose only time will tell. Good luck to all and do your own due diligence.
Bullboard Posts