IN MY OPINION HERE'S A NEW SCAM..SAME GUYS FROM HYTT?? OH, MYRON GUTSLAK FROM HYTT IN JAIL IN NY..
THEY CLAIM an estimated potential value of $900 million. IT'S BS TRUTHSEEKER..@ THE PRICES THE PRECIOUS METALS TODAY THERE IS NO ECONOMICAL VALUE WHATSOEVER..
B: Cascade Reveals Plans to Build Large US Mining Company
SEATTLE, Jul 17, 2003 /PRNewswire-FirstCall via COMTEX/ -- Cascade Mountain
Mining Company, Inc. (OTC Bulletin Board: CSCA), a publicly-traded mining and
exploration corporation, announces new business focus.
Cascade Mountain Mining Company, headquartered in Seattle, WA, has recently
acquired 31 claims representing the "Mazama Project." The Mazama Project is a
gold, copper, and molybdenum deposit located in northwest Washington,
encompassing over 600 acres. This site offers the best exploration potential
among all known deposits in North America. Currently, there is a 150 million ton
reserve on the property with an estimated potential value of $900 million.
Cascade Mountain Mining Company is attempting to build a world-class mining
company through mining metals. The Company will handle all aspects of mining
from the initial exploration to the final product, refining both the precious
and base metals. Cascade is currently in the process of confirming previous
exploration work that was started in 1963 by Bear Creek Mining (the exploration
division of Kennccott), Brona Mines (Moranda), Exxon Minerals, and others.
Initial drilling was conducted in March 2003 and proved that there are
molybdenum, gold, and copper deposits on location.
Cascade Mountain Mining Company's Chief Geologist appraised the 31 claims at
approximately $25 million. There are approximately 100 previous tests that
confirm his appraisal value. The Company believes that with state-of-the-art
mining techniques and a fair market price for gold and copper, the Mazama
Project could produce 2 billion pounds of copper, 150,000 ounces of gold,
750,000 ounces of silver, and 6 million pounds of molybdenum. This puts the
potential dollar value at $1.5 billion before exploration and drilling costs.
About Cascade Mining
Cascade Mountain Mining is a mining and exploration corporation that owns 31
staked claims, in Washington State, which are deposits and claims with proven
gold and copper reserves. The Company was formed in December 2002 to exploit
mining opportunities on federal lands that have been developed over the last
several years.
Cascade Mountain intends to concentrate solely on claims that become available
that have previously been "worked." This means the claims have known ore
reserves where data is available on test borings and analysis which shows that a
mining operation is marginally profitable or close to breakeven, given the
mining techniques and the commodity price of the metals extracted at the time.
Cascade Mountain will re-evaluate such analyses, typically by adding more
testing and by "upgrading" the ore-to-waste ratio. This is done by employing the
newest mining technology, employing state-of-the-art 3-dimensional computer
modeling and targeting the enriched areas of a group of claims.
The statements contained in this news release that are not historical facts may
be statements regarding the Company's future that involve risks and
uncertainties which could cause actual results to differ materially from those
currently anticipated. For example, statements that describe the Company's
hopes, plans, objectives, goals, intentions or expectations are all forward
looking statements. Any such statements made herein about the Company's future
are only made as of the date of this news release. Numerous factors, many of
which are beyond the Company's control, may affect actual results. The Company
undertakes no obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances.
SOURCE Cascade Mountain Mining Company, Inc.
CONTACT: FOCUS Partners LLC for Cascade Mountain Mining Company, Inc.,
+1-212-752-9445, CSCA@focuspartners.com
(CSCA)
prnewswire.com
Copyright (C) 2003 PR Newswire. All rights reserved.
-0-
KEYWORD: Washington
INDUSTRY KEYWORD: MNG
OTC
SUBJECT CODE: RLE
*** end of story ***
(COMTEX) B: 52W LOW: New 52-Wk Low for CSCA @ $0.135 dn4.93% [delayed]
B: 52W LOW: New 52-Wk Low for CSCA @ $0.135 dn4.93% [delayed]
Ridgeland, MS, JUL 17, 2003 (EventX/Knobias.com via COMTEX) -- This is the 1st
52 WEEK LOW alert for CSCA in the past 7 calendar days.
The share price for Cascade Mountain Mining Co (OTCBB: CSCA) reached a new
52-week low today, trading at $0.135, down $-0.007 (-4.93%) from its previous
close of $0.142.
The Company's previous 52-week low of $0.142 was set yesterday on July 16, 2003.
One month ago, the Company's shares closed at $0.220. The price has declined
more than 38 percent since then.
At the time of this alert, the stock had traded 120,400 shares via 25 trades,
381.70% above it's 20day average of 24,995 shares.
This new 52-week low currently puts the stock:
9.76% below its 20day Moving Average of $0.150
50.27% below its 50day Moving Average of $0.090
83.15% below its 100day Moving Average of $0.074
The Company last released news on July 17, 2003 (today):
"Cascade Reveals Plans to Build Large US Mining Company"
CASCADE MOUNTAIN MINING CO
Cascade Mountain Mining Corp. is a mining and exploration company that owns 31
staked claims, all in Washington State, USA, which are deposits and claims with
proven gold and copper reserves.
GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert has been
delayed by at least 10 minutes. To get all Knobias alerts in real-time daily,
visit knobias.com
ABOUT KNOBIAS: Knobias is a premier financial information provider of trading
and investing data covering all U.S. equities for investors and security
professionals. Knobias is best described by its three major components:
Real-time desktop applications providing quotes, charts, level 2, analysis etc.;
Knobias RAiDAR providing thousands of real-time news stories, alerts and
documents daily; Knobias fundamentals providing a comprehensive database of
fundamental research information.
CONTACT: Knobias.com, LLC
601-978-3399
601-978-3675
info@knobias.com
www.knobias.com/cmtx
Copyright 2003 Knobias.com, LLC, All rights reserved.
-0-
(COMTEX) B: Cascade Mountain Mining Begins Trading Company Becomes Public
B: Cascade Mountain Mining Begins Trading Company Becomes Public after the Succe
SEATTLE, Jul 3, 2003 /PRNewswire-FirstCall via COMTEX/ -- Cascade Mountain
Mining Company, Inc. (OTC Bulleting Board: CSCA) a Nevada mining and exploration
corporation, announces that it has begun trading on the Over-the-Counter
Bulletin Board under the symbol CSCA. Previously, on June 6, 2003, Cascade
Mountain Mining Corp. entered into a share exchange agreement and reverse merger
with Web Views Corporation, a Nevada corporation.
On June 6, 2003, Web Views acquired 100% of the issued and outstanding shares of
Cascade Mountain Mining Corp. in exchange for 966,667 shares of the Registrant's
common stock. Upon 100% shareholder approval of Cascade, there were 2,966,667
shares of the Registrant's common stock outstanding. Web Views subsequently
changed its name from Web Views Corporation to Cascade Mountain Mining Company,
Inc., and enacted a 60 for 1 forward stock split. The Cascade Mountain Mining
Company, Inc. currently has approximately 130,000,000 shares of common stock
issued and outstanding and 300,000,000 shares authorized.
Cascade Mountain Mining is a mining and exploration corporation that owns 31
staked claims, all in Washington State, USA, which are deposits and claims with
proven gold and copper reserves. The Company was formed in December 2002.
Cascade Mountain Mining Corp. was recently incorporated in the State of Nevada
to exploit mining opportunities on Federal Lands that have developed over the
last several years. These opportunities started being developed in 1994 when the
Clinton Administration made changes to the 1872 law regarding mining claims on
federal lands. Due to increasing annual maintenance cost on claims many proven
mining reserves have become available.
Cascade Mountain intends to concentrate solely on claims that become available
that have previously been "worked". This means the claims have known ore
reserves where data is available on test borings and analysis which shows that a
mining operation is marginally profitable or close to breakeven given the mining
techniques and the commodity price of the metals extracted at the time. Cascade
Mountain will re-evaluate such analyses, typically by adding more testing and by
"upgrading" the ore-to-waste ratio. This is done by employing the newest mining
technology, employing state-of-the-art 3-dimensional computer modeling and
targeting the enriched areas of a group of claims.
The statements contained in this news release that are not historical facts may
be statements regarding the Company's future that involve risks and
uncertainties which could cause actual results to differ materially from those
currently anticipated. For example, statements that describe the Company's
hopes, plans, objectives, goals, intentions or expectations are all forward
looking statements. Any such statements made herein about the Company's future
are only made as of the date of this news release. Numerous factors, many of
which are beyond the Company's control, may affect actual results. The Company
undertakes no obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances.
Contact:
FOCUS Partners LLC
212-752-9445
CSCA@focuspartners.com
SOURCE Cascade Mountain Mining Company, Inc.
CONTACT: FOCUS Partners LLC, +1-212-752-9445, or CSCA@focuspartners.co
URL: cascade-mining.com
prnewswire.com |
