Cadillac Mining Corporation CQXFF

retrace

[old_dog]

If we didn't do some retracing I'd be scared, the stock is still way up against the close on Friday. Folks that held the stock and came home last night to see it way up were watching it today, the tree got shook and for the people that had this stock a month ago they saw their new gains starting to erode and they sold at a profit. The only loser in this case would be NO ONE. The seller made a decent return and the new stock holder will make a decent return once it becomes more accumulated and it will.

 

old_dog

[Rock34]

Both great points guys.  With the small float I guess I just expected more of a consolidation in the high 20's or low 30's.  Its really the buying pressure that I was dissapointed in. Either way, this thing is gunna appreciate sooner rather than later.

[golfer555]

well i bought in the mid 30s so i guess i will be waiting a while before i see any positive gain on my investment....

[RogueWolf]

Be patient I think theres good things to come here with the follow up drilling.  A lot of people are accumulating right now from the looks of things.  No such thing as a perfect trade man, its all coulda woulda shoulda right. You could average down as well....I dont think we've hit the floor yet. Rogue,

[Rock34]

I wouldnt be too sure of that.  Lots of eyes are on this and many just waiting for it to bounce and then they will jump in as well.  Will be interesting to see.   I think that this will settle mid 30's at least if not much higher

[RogueWolf]

11 million shares went yesterday including the exchanges and the Alpha. 2.7 went today through exchanges. Float is definately tight and it really makes it hard to say what would happen.  My gut says it will come down a bit more, but if we see an institution looking for a position, or a private investor looking to pick up big blocks its going to fly. Rogue,

[Rock34]

Based on the close I have to agree that it will come down some more.  I dont know why anyone would jump in at this point when the sellers are hammering it down.  The crazy thought though is that people might get the chance to buy this again at or below .20.  That is insane.

[SupplyChainGuru]

Were there any clues or hints in the NR as to when their next set of drill results are? are they digging deeper as we speak? I wonder whats next on their agenda in terms of results sharing . . In all, I like how management are being very calm about it. They were careful not to pump the stock with their interviews. But if you saw the stateside report, this has the potential of being a carlin style

[golfer555]

well yes, the thing is that I will have to average down on this to be on the safe side. Buying in the mid 30s wasn't the right thing when it was coming down. I'm curious to see how further this will drop and settle at before I buy more to average down significantly. I'm also thinking that with the huge surge yesterday, its possible that shorters were coming in and now pushing the price