Cadence Minerals Share Discussion Threads

[rossowheels] 22/8/2018 20:25

I had these when they peaked at over 2p and watched them fall to 0.6 when I bailed out. Was the right decision as they are not worth holding unless you want to have losses. Just look at BCN which has halved & like all their other investments, there is no prospect of shareholders receiving any rewards for a long time. Plenty of drilling to do and feasibility studies though!

[jaffa14] 22/8/2018 14:17

sorksandnorks

I'm still in for 2m+ as well, jumped out of GKP as it crashed only to see my shares in these fall from 1.4p to present levels. I still have faith in them but it is being stretched to breaking point.

[loganair] 22/8/2018 11:41

This company has been a con from the word go as it is really nothing more then an Investment Trust run solely for the benefit of its directors at the expense of the company's small retail share holders.

[fhmktg] 22/8/2018 11:14

Sonora due to begin production Q1 2020, so no real return for KDNC for a while!

[sorksandnorks] 22/8/2018 10:53

Down,down,deeper and down. Will this ever stop falling? I thought Lithium would make me rich but what do I know. Greed makes fools of us all and investing in KDNC certainly has made a fool of me. Is anyone still invested here (like me with my 2 million) or have you all been very sensible and bailed out? How can a company invested in a commodity in such apparent demand fall so far? 'Tis a mystery to be sure.

[rossowheels] 13/8/2018 21:16

How do you arrive at that conclusion? Their holding in BCN has halved in value recently.

[maqsud] 13/8/2018 12:41

Unbelievably underpriced!

[the bull] 02/8/2018 10:41

How do you guys feel about the recent zulu deal with PREM

[chicken01] 01/8/2018 18:12

Can't believe people are still buying in to this scam!!!.

[sanilav] 09/7/2018 10:32

Country seems to be gearing up for an increase in Electric vehicles.Just trying to put a positive slant on this one.

[seaclipper] 06/7/2018 13:11

Peeps seem to selling for a 50 quid profit ?????????????

[ntbb] 05/7/2018 10:00

Cadence resources is more valuable then bcn, read the rns carefully

[ntbb] 05/7/2018 10:00

Cadence resources is more valuable then bcn, read the rns carefully

[ukgeorge] 02/7/2018 13:29

Sounds like a top CEO for Aim :)

[dplewis1] 02/7/2018 13:22

The CEO of Premier African Minerals, a dreadful individual who seems unqualified to tie his shoelaces let alone a company.

[ukgeorge] 02/7/2018 12:23

Bacanora do look set to announce agreement of financing which is what has stoked my interest in these.

Dare I ask who George Roach is

[dplewis1] 02/7/2018 12:19

Oh yes and going into business with George roach..

[dplewis1] 02/7/2018 12:10

Seems about right. There's a penalty in the share price because the board have a tendency to do stupid things like selling half their BCN stake for 70p a share just before it shot up to 150p..

[ukgeorge] 02/7/2018 12:10

It is always a bit worrying when a company has more shares in issue than there are people in the world......

[loganair] 02/7/2018 12:09

Yes - Cadence is really an Investment Trust that is not run as an investment trust and does not have the corporate governance of an investment trust, instead it is run for the sole benefit of the directors to make as much money as they can out of the foolish private investors who have been enticed to put there hard earned money in to this company.

[ukgeorge] 02/7/2018 12:06

Thanks

So the current mkt cap here is near enough the equity holding in the various companies.

BCN 8% Mkt cap £109M £8.8M
EMH £24M £4.8M
Mc Arthur C$.5M
Auroch C$1.5M
Cash £2M

Have I missed something.....

[dplewis1] 02/7/2018 11:53

Cadence own 8% of BCN

[ukgeorge] 02/7/2018 11:47

Very tempted to jump in here

[ukgeorge] 02/7/2018 11:47

How many shares does Cadence have in Bacanora?