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

TSXV:CAM - Post Discussion

Cascadia Minerals Ltd > The Deal

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Post by givemeabreak1 on Mar 01, 2023 4:51pm

The Deal

You get Hecla share estimated value at the time of the deal .14! Plus Spin Co valed at 8.1 million or just under .04 a share. Total value just under .18 a share. So it is still trading at a health discount to the deal

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Comment by michaelvim on Mar 02, 2023 8:40am

This is definetly a buy here (imo). Both offers stink! Hecla is really only offering approx $.12 in Hecla stock and spinco when you consider that they are getting approx $4.5 million ($.02/ATC share) and then Hecla will invest $2 million in spinco, which is actually ATC's money. ATC was trading over $.50 five years ago. Both co's will have to do much better if they want this, i think ...more

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