Just thought I would put together an info post for any newbies coming to this site. Helps with the DD timeframe.
Feb 21st, 2012: Cadillac Mining Intersects 1.25 G/T Gold Over 82 Meters
Feb 21st, 2012: Stateside report puts an $.80 target on CQX
Feb 22nd, 2012 - $.95 target placed on CQX by the gold report The Gold Report Article
March 1st, 2012: Cadillac Mining Plans 5000 Meters of Core Drilling at Goldstrike
March 5th, 2012 – Report that CQX is a buyout target with a minimum buyout price of $.50 Western Quebec Gold Play Is A Strong Takeover Target By Richmont Mines
I know some people will look at this as pumping but Im just pulling all of this info together into one post so that any newbies can see why the price is doing what it is on seemingly no news. The fact is that this was not overbought on the initial spike, it was however massively oversold. Now the price it just slowly working its way back to where it should be.
Oh, and to top it all off, the float is less than 30M.
Good luck to all. Next step is .40s once resistance at .35 is broken.