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

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

Comment by silvereagle80on Feb 15, 2023 9:59am
130 Views
Post# 35287151

RE:RE:The takeover offer.

RE:RE:The takeover offer.I agree the company is worth much more than $.09 USD per share.  I was able to get 2/3 of my recent  order, two weeks ago, at $.045 per share.   Today Victoria is offering $.09 for my shares or double my recent purchase price.   The CEO and board  made no effort to improve the share price that had gone from over $9.00 per share to less than $.05 per share until Victoria made their offer.  The Board stated they would review other options.  According to Simply Wall Street, the insiders own less than 2% of the outstanding shares (one expert believed that the insiders should own 5-10% of the outstanding shares of a small company).  Not enough skin in the game.  Most Board members lost significant # of stock options that expired at $.55.   They now have new stock options at $.16.  If you bought shares at $.55  you would have a large loss today. 

I was in this stock 15-20 years ago and left until last year.  I'm currently in the stock  this time at an average of $.075.  If they make a deal (which I think is doubtful) I will be happy to have made a little profit in a down market  and move to other similar stocks.  Be happy that Victoria woke this stock and board up....They have been  slumbering for 20 years.      Keep the faith, gold and silver should do well with fiat money, large govt spending, inflation etc.  

<< Previous
Bullboard Posts
Next >>