Bullboard - Stock Discussion Forum Cascadia Minerals Ltd V.CAM

Alternate Symbol(s): CAMNF

Metals & Mining Gold

Cascadia is a Canadian junior mining company focused on exploring for copper and gold in the Yukon and British Columbia . Cascadia's flagship Catch Property in the Yukon hosts a brand-new copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization, including 116.60 m of 0.31% copper with 0.30 g/t gold. Catch exhibits extensive high-grade copper and... see more

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Cascadia Minerals Ltd > Best news for ATAC in a very long time

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Post by imho26 on Feb 16, 2023 2:18pm

Best news for ATAC in a very long time

Been following ATAC for many years. This bid to buy the company at .12c a share is a massive low ball offer, but it's an offer, and our first market floor evaluation--a starting point for other majors/players that want to swallow this junior with the massive properties whilst it's still in struggling junior stage. The amount of money spent so far in proving up what they have is alone worth many multiples of this offer.

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Comment by imho26 on Feb 16, 2023 5:19pm

(cont) Adding the Tiger property reserve and the whole Carlin trend to the exploration expenses to this point put ATAC's value in dollar multiples rather than cents--TBH. But how long it takes for the bids to start going much higher is hard to say. Still, this first bid should give it some momentum and put it in the sights of the majors once again. "Market floor evaluation" ...more

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