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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy	9/3/2006 7:21:10 PM
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GOG.V Cadillac - fully diluted the shares are 38.7 million. They have issued flow-throughs and other shares with warrants over the recent past. The TSX Web site shows shares o/s at 13.8 million. Their information is obviously way out of date. A good example - shouldn't rely on the TSX info - need to go directly to company information. Even at 38.7 million the potential for share price appreciation based on the Mexican property alone would appear to be extremely attractive. stockhouse.ca; Hi Wimpenny! I would assume they can do about 100-150m a day of drilling. So probaby a couple of drill cores per week will be logged and shipped to the assay labs. My guess is the first sign of drilling info will come out mid-Oct. But if they hit on the first hole, the sulphide ore they are looking for will be a dark grey-black colour, in contrast to the light grey rhyolite host rock, so there could be a sudden spike in buying to let us know they have hit a zone or two before the assays come in. cheers! COACH247 stockhouse.ca KEYWORD: CRACKER

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