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Bullboard - Stock Discussion Forum Cadillac Mining Corporation CQXFF

GREY:CQXFF - Post Discussion

Cadillac Mining Corporation > TheStateSideReport
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Post by old_dog on Feb 25, 2012 12:28am

TheStateSideReport

Ok I sent an email off to Vince Marciano of "The Stateside Report". I asked him some general questions regarding, drill depths, cost, PP and the type of PP the company might do. The man is a wealth of information and I do respect his opinion so if anyone has any idea I figure its Vince. When I get a replay back I'll post his answer in the board. Until then this is what I asked him.

 

 1) What does it cost for a 800 meter CORE drilled hole? and the company is talking another 19 and probably a follow up on the previous 3 holes to complete the drilling and analyticals.

2) What do you figure they would do in regards to a PP to facilitate this.

3) Do you feel they could float the PP out to a major broker as a bought deal or best efforts.

4) Do you feel they would go this deep or deeper based on the formations their drilling into.

5) Also I know you seem to be in contact with a lot of companies, have you touched base with Cadillac.

That's the best I can do for the board right now, but I will say this...Vince bought over a few days and might still be buying. There also seems to be a lot of interest from all the coverage I'm seeing. The company has the permits in place the drill area preped and now its just a matter of drilling the holes out so once they do what they have to do it should be straight up hill from there. Who knows maybe we will take a run at 70-80 cents next week.

old_dog

Comment by SupplyChainGuru on Feb 25, 2012 12:45pm
I was really hoping they can drill a couple or more holes before pursuing a PP. I feel that a PP in the low 0.20s is not in the shareholders favor; the best thing about this stock is the tight float. GTA got their PP at $1 something, and I see just as much potential with Cadillac in terms of resources, if not more. Questions is do  they have the money for an extra hole Ofcourse, all we know ...more  
Comment by old_dog on Feb 25, 2012 5:18pm
As with all companies, unless your in the boardroom its hard to know the 4 W's Where, Why, When and How. We all know they have some cash so HOW far this going to go I don't know. WHEN are they going to drill is all dependent on the cash. As with all things though you really need to strike when the iron is hot. They already know WHERE and this may actually get enhanced with ...more  
Comment by knickfan on Feb 25, 2012 9:14pm
although im new to this board, i have been with cqx for about 1 year , ive been down and now im up so its very promising time imo!! there r rumours that a PP is needed but just like old dog said we dont know when they will actually need it .i was hoping that the run up would continue and a PP will be at higher price. i totally believe in cqx but mgmt must be sure of there next move , we r hot now ...more  
Comment by etiennesteve on Feb 27, 2012 7:42pm
what  canadian company do they own?
Comment by old_dog on Feb 27, 2012 9:53pm
The Stateside report is a daily report put out by Vince Marciano. He gives the highlights and perspective on resource companies. This is not a corporation, it is Vince telling you the highlights with information that he has garnered and he informs you on details of these companies in the hope that you will be well informed when you dive into a resource stock.www.statesidereport.com old_dog