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Bullboard - Stock Discussion Forum Cadillac Mining Corporation CQXFF

GREY:CQXFF - Post Discussion

Cadillac Mining Corporation > Highest Volume Since March Today
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Post by Rock34 on Jun 20, 2012 3:41pm

Highest Volume Since March Today

This is still 20min prior to close

House Positions for C:CQX from 20120620 to 20120620
House Bought $Val Ave Sold $Val Ave Net $Net
33 Canaccord 100,000 23,390 0.234 0 100,000 -23,390
6 Union 35,000 8,150 0.233 0 35,000 -8,150
79 CIBC 27,800 6,387 0.23 0 27,800 -6,387
2 RBC 10,000 2,300 0.23 12 2 0.167 9,988 -2,298
39 Merrill Lynch 3,000 690 0.23 0 3,000 -690
62 Haywood 12 2 0.167 400 95 0.238 -388 93
57 Interactive 200 46 0.23 2,600 610 0.235 -2,400 564
1 Anonymous 39,000 8,840 0.227 50,500 11,940 0.236 -11,500 3,100
99 Jitney 0 14,000 3,220 0.23 -14,000 3,220
7 TD Sec 102,000 22,092 0.217 249,500 56,030 0.225 -147,500 33,938
TOTAL 317,012 71,897 0.227 317,012 71,897 0.227 0 0
Comment by feasttime on Jun 20, 2012 4:45pm
Thanks for the daily recap ROCK! I've been in and out of CQX several times and have pickes up more recently, This kind of accumulation going on in one of the worst markets on record, tells you we are going much higher. News could be any day now. Best to buy now while it's stable or you will have tochase it later. GLTA Feast Time  
Comment by stocktrader86 on Jun 20, 2012 6:05pm
Thanks Rock and also feasttime. I have read most of your post re CQX. You are right this is the time to be in without question i have been in for a long time and i cant wait for us to have some results and i am confident we will go higher than 50 cents ...the only question after the jump up- is how much of a retracement there will be almost 50% in feb from the high down in 2 days ...this is the ...more  
Comment by Herviov on Jun 20, 2012 10:38pm
Beware of the early 30s. I have been in and out several times too, but I remember the break down of the volumes on this one. The prices usually peak right before or after 30 and this is usually when I sell. This is also right under the level at which many bought back then during the frenzy. I suspect that, if the news is not enthousiasming enough, this is the level at which the wave up might start ...more  
Comment by Rock34 on Jun 21, 2012 7:17am
  The big assumption here is that the results are excellent.  Lets say they are similar to Februarys results, I believe that this hits and surpasses $.50 if thats the case.  Im not saying it will happen in one day.  The key thing to remember is the small float size and the fact that even at $.25 it still only has a market cap of $7.5M.  On top of that this is over 30 ...more  
Comment by hulio300 on Jun 21, 2012 11:07am
I agree. My thinking as well. Not a lot of free trading shares here. Good news will move this explosively. hulio
Comment by supersport on Jun 22, 2012 1:14am
very optomistic...which is good.. i feel the news will be good enough to hit  around $1.00 then i think we will settle in at about    .80. my feelings are that they will maybe decide as to weather to sell or mine..wont be suprised if they have something in the works already. just my feelings..all just a guess
Comment by Herviov on Jun 22, 2012 3:29am
Let's hope you are right :)
Comment by stocktrader86 on Jun 22, 2012 12:09pm
As long as insiders hold such a large part - i think it would be wise to continue holding a small piece to the pie ...even if i may book some profits... if they choose to mine ...then they will need to do a PP ...and that can bring volatility.... as far as something in the works in terms of " cashing out" could be a possibility but when is the key question ppl overlook the quebec mine ...more  
Comment by feasttime on Jun 22, 2012 12:48pm
ppl overlook the quebec mine they are also holding on close to richmont mines ...they are focusing on nevada as its hot in the market ...but cqx has lots of potential not just nevada.   Correct and Richmont is flush with cash and it is highly likely that they will make an acquisiton in Quebec, where all of their exploration and mines exist. Their last major news was re cost of putting their ...more  
Comment by stocktrader86 on Jun 22, 2012 12:57pm
So whats your game plan after news comes out of nevada then feastime? I dont think richmont can buy out cqx ( nevada and quebec) but as you said they just want to expand their area in wasamac...which is a great place to be in :0 RIC has retraced quite a bit so they obviously need to spark something ..   time will tell ..but if there is another a PP i hope we can get a solid deal without much ...more  
Comment by feasttime on Jun 22, 2012 1:10pm
My game plan is completely dependant on the strength of the news. I may sell all my shares or hold on to all of them. I suspect that they know exactly where to drill to yield the best results and I am expecting strong results from Management. By the way, CQX management is more fiscally responsible than any other company I've ever seen. They will not dilute the $%*! out of this company, but ...more  
Comment by Ausum79 on Jun 22, 2012 4:04pm
I like the property and bought in today.
Comment by Rock34 on Jun 22, 2012 4:21pm
Good price and good timing!  I think next week is ours to shine :)