Cayden Resources Inc CDKNF

Moriarty mention Nov 30th

[SevenFigures]

Cayden Resources (CYD-V) is another sleeper that has actually performed quite well this year. I covered them in May, they shot up to $1.80 from $.72 before coming back to earth.

Cayden has put together an entire gold district in Mexico. Since my visit they have added to their already giant gold project. In addition, they own a key piece of ground in between two Goldcorp gold mines in the Guerrero Gold Belt. The company has about $10 million in cash.

https://www.321gold.com/editorials/moriarty/moriarty113013.html

[goldpolka]

He says "the company has about $10 million in cash". Last time I looked, they hadn't received the additional $8 million from Goldcorp on the land sale from almost a year ago now.  So my read is closer to 0 cash, and a receivable. But why quibble on details. Wonder when the actual cash is coming ?

[HHAPPY]

Do we have a basher with motives to lower share price of CYD? November 21,2013 financial report states "Assets Current assets: Cash and cash equivalents $ 2,020,458 $ 1,345,561 Amounts receivable 1,108,403 962,426 Desarrollos Mineros San Luis, S.A. de C.V. (note 5) 7,872,000 – Prepaid expenses and deposits 111,520 77,989 Asset held for sale (note 5) – 10,381,732  11,112,381 12,767,708

[goldpolka]

I am not a basher, I am a shareholder.  I also wish to see this money come in and reduce the uncertainty which MAY be holding the stock price down, who knows. I was simply correcting an overly promotional piece from Moriarty that was quoted as saying they have $10 m in cash, that's all. Call me a stickler, but a note is not cash. Honestly, take a pill people -- just because you see a