Post by
Deco_pxx on Dec 14, 2010 12:47pm
CQX - BMR morning
Cadillac Mining (CQX, TSX-V) isenjoying a strong day, hitting a new 52-week high of 35.5 cents…thestock has backed off slightly to 33.5 cents, a gain of 2 pennies for theday on volume of 1.2 million…with a current market cap of just $8million, Cadillac has enormous upside going into2011…this is a company with some smart mining people behind it who aredetermined to build value through acquisitions (reading between thelines of last week’s news release, they could pull the trigger at anypoint on a precious metal deal in the Great Basin) and existing assetswhich include a large land position to the west of Granada…Cadillac’s “Wasa” claims are of immediate interest as they adjoin Richmont Mines‘Wasamac Property where drilling is ongoing and proving up a substantialresource…we’ll be reporting extensively on Wasamac during our upcomingtrip to the Rouyn-Noranda area…
Long & Strong CQX!