Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cascadero Copper Corp V.CCD

Alternate Symbol(s):  CCEDF

Cascadero Copper Corporation is a Canada-based integrated mineral exploration and development company. The Company is focused on the exploration and development of its copper, gold and cesium properties located in Salta, Argentina. It holds an interest in 27 mineral properties in the northern area of the Argentine Puna (primarily in the Province of Salta). The Company’s properties include Amarillo, Amarillo Norte, El Oculto Group, Incamayo Norte, Ochaqui Silver, Santa Rosa Group, Taca Taca Group, Taron Group and Viejo Campo. The Amarillo Norte property includes a sedimentary-hosted cesium and silver deposit. The El Oculto group comprises the El Oculto, Centauro, Cerro Lari I and Cerro Lari II properties. The Incamayo Norte property is located approximately 100 kilometers (km) west of the city of Salta, in the Sierra de Cachi portion of the Nevados de Palermo Mountain Range. The Ochaqui property is located at the eastern edge of the Argentine Puna, about 100 km west of Salta city.


TSXV:CCD - Post by User

Bullboard Posts
Post by Time4changeon Feb 05, 2019 5:09pm
177 Views
Post# 29322978

'THAT WOULDN'T SEEM TO MAKE SENSE TO ME'

'THAT WOULDN'T SEEM TO MAKE SENSE TO ME''That wouldn't seem to make sense to me'....states aucontrairenow. There is nothing about this deal that is been shoved down shareholders throats that makes sense as far as any disclosure to us goes. Once again everything is been done behind closed, locked, doors and all we are told 'this is a good deal'. 'We know what we are doing to protect everyone'. Since when has that ever happened?? I MEAN WHEN! If the powers to be from CCD tells us it is a good deal you know they are getting a huge pay off and we are getting screwed. They tell us $1.5 (in 3 instalments! and getting 15 million shares plus options up front!!) million US is going into BB's hands to be spent on 'general corporate purposes' and don't forget some might make it into one or two of our properties. General corporate purposes is code for 'we are paying ourselves first'. Outside of the Venture world they call that stealing. Look at the balance sheet. Nearly $900,000 owing to related parties. BB and his hand picked Board claim they are owed all this money and for what? What have they done to add any shareholder value. Still hearing the statement from BB 'I have a plan'? What plan? Been hearing that for years and 'oh yes this is confidential so you cannot tell anyone' line you get from him and the rest of this walking dead of a Venture Company Board. Now I am hearing the company has other none disclosed liabilities that will eat up the balance of cash. Nothing will make it onto our properties. Will be interesting what those liabilities are and why they have not been showing up on the balance sheet. Full disclosure to the likes of BB means we will decide privately what you need to know. This type of behaviour eventually catches up and shuts down companies like CCD. The people behind this company still run it like the old Vancouver Stock Exchange days. This current deal was to close end of January, not Feb. What is the delay? Is there another deal on the table we do not know about? Is there problems with the current deal? How do I know this? That answer is the easiest, history and track record of BB. Bourbon Bill has consistently run this company like his private piggy bank for a decade or longer. Shareholders are just something that gets in his way. But now his actions might be crossing a line that could be very detrimental to all involved. TRADING PATTERNS, NON-DISCLOSURE OR JUST PLAIN NO DISCLOSURE, LACK OF FIDUCIARY DUTY BY ALL INCLUDING SUB- CONTRACTORS AND THE BOARD, LACK OF AUDIT. I am sure I am missing some here. If the Securities Commission ever decides to look into this company closely we will probably be delisted, as we should. Just read the announcement over a few times about this current deal and come to your own conclusions. Do I have all the facts...I wish! If I ever had all the facts I would not have invested (THAT WORD IS AN OXYMORON) in this dirt bag of a company.
Bullboard Posts