Cayden Resources Inc CDKNF

Moriarity on May 22, 2013

[SevenFigures]

from Moriarty on May 22, 2013: https://www.321gold.com/editorials/moriarty/moriarty052213.html "I think they can define 5 million ounces in 18 months with 5,000 meters of drilling. And I think it’s a gold belt both richer and bigger than the Guerrero Gold Belt. Cayden needs to be thinking about how they paint some lipstick on this puppy because some major is going to want to take them out within the next two years at something 50 times their current enterprise value." ..so .ep on May 22, 2013 was approximately: $30 million in market cap (0.72 x 41.6 million shares), plus they had that $15.7 million after the sale to Goldcorp (they only had half the actual cash until later in 2013)... so just let's say $45 million in enterprise value on May 22, 2013... times 50 equals $2.25 Billion. Let's say fully diluted now is 54 million shares, that's $42 per share

[Scott6500shares]

And it gets even more interesting. In his prices acceleration article 3/25/14, he wrote: I said back in May, “I think they can define 5 million ounces in 18 months with 5,000 meters of drilling. And I think it’s a gold belt both richer and bigger than the Guerrero Gold Belt. Cayden needs to be thinking about how they paint some lipstick on this puppy because some major is going to want to take

[TruthMachine1]

SevenFigures and Scott6500, Good stuff on Bobs article and running the numbers to get a price projection.  I appreciate the thoughtful reply. Thanks