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Bullboard - Stock Discussion Forum Cadillac Mining Corporation CQXFF

GREY:CQXFF - Post Discussion

Cadillac Mining Corporation > I've bought some CQX and I'd like to buy more
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Post by aweigh on Jun 13, 2014 3:12pm

I've bought some CQX and I'd like to buy more

so this question may seem a bit crazy but why are you people selling ? This is a great deal for you ! But please don't let me stop you, just thought I'd ask !
Comment by Shantaram on Jun 13, 2014 3:37pm
What is so great about it? You can get the same amount of money if you sell or wait until shares be comverted to Pilot Gold shares. I am glad I sold at 20c, I made 700% :) I am a little dissapointed of the decision of management but considering the market condition in the sector I think they made a correct decision.  Glta
Comment by aweigh on Jun 13, 2014 5:04pm
Well probably one of the best management/exploration teams anywhere. Record of finding significant deposits one of which was sold to Newmont for $ 2.3 Billion. That deposit happens to be on trend and north of PLG's current project known as Kinsley and it's quite possible they are onto another deposit there right now. They are also active in Turkey and have a very large land position and ...more  
Comment by Shantaram on Jun 13, 2014 5:27pm
Don't get me wrong, I am not bashing. I love CQX and the management.I posted the e-mails from CQX management at SH. I like Pilot gold also. I was saying, deal is approximately at 20c. So I get the the same amount of shares or more if I buy PLG (at 1.5CAD) with the money I made with CQX. What is warrants worth at 2CAD when the PLG shares are at 1.5CAD? I don't say I made the right decision ...more  
Comment by aweigh on Jun 14, 2014 11:15am
I get it , if you are that much in the mony no one is going to fault you for taking a profit. But that aside sometimes a deal is so good it deserves a second look, I think this is one of those rare occasions. PLG has 5 drills turning on two projects both with elephant potential and they are hitting big numbers on both . Enough said. GLTA
Comment by Shantaram on Jun 13, 2014 3:40pm
Forgot to mention. The shareholders has to approve the transaction so it is not 100% sure if the transaction will be approved. glta Cheers
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