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Cadan Resources Corporation V.CXD

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s):  CADAF

Cadan Resources Corp engaged in the exploration of precious and base metal projects of gold, silver & copper at its other project areas located in the Philippines.
Price: $0.055 | Change: $-0.025 | %Change: -31.25%
Volume: 2,241 | Day High/Low: 0.055/0.055 | 52 Week High/Low: 0.64/0.04
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5 stars

RE:Where are we now?

In other words:   Should soon the sum 5-10 million dollars for Cadan be available, then this stock is extremely undervalued in my opinion. Not because the production can be started up but because T...read more
5 stars

Where are we now?

After the repayment of the debt (all tranches) was exposed to Mighty River / Mr.Xie until the end of December 2015, we are now exactly at the point where we were ever in February 2013. At that time...read more
5 stars

RE:The BCSC/Compliance & Disclosure Department of the Exchange

This means that Mr. Xie has lost all ability to influence and must wait another 18 months to repay the loans. Now other potential investors are hopefully more willing to invest. BCSC,thank you very...read more
0 stars

The BCSC/Compliance & Disclosure Department of the Exchange

The due date for repayment of loans to Mighty River International Limited under the current facility agreement has been extended to December 31, 2015 for all tranches and without changes to other...read more
5 stars

I think I know the plan

I think I know the plan of Cunningham and Xie. Mr Cunningham told us in the Corporate Update: "The objective of the Strategic Review is to identify any structuring and financing issues within Cadan...read more
0 stars

RE:RE:RE:it is hard to believe!

Hi, I don´t know if Butchart brought Mr. Xie into the company. If so I think he will have to regrets it. What I know is that Mr. Cunningham comes first into the company and I suspect he will have...read more
5 stars

RE:RE:it is hard to believe!

its strange that money became an issue when xie bought an interest in the company. Was it Butch that brought him in???? Coming from perth i would think so.  He has been bleeding the company slowly to...read more
5 stars

RE:it is hard to believe!

Hi Dave. I think the Compliance & Disclosure Department of the Exchange is still working and we have to give them the time to do their work. There must be something wrong with Cunningham and Mighty...read more
5 stars

it is hard to believe!

How any body can think you can sell stock to a gulible public while not bothering to release pertinant details to investors? if the security regulators are going to allow this kind of thing to go on...read more
5 stars

Unbelievable

Unbelievable! Now the management is trying to foist a message that there was not made public on April 23 2014. Neither on Sedar.com, nor infoventure.tsx.com this agreement was published. Only today it...read more
5 stars

RE:Financial Statement

And why was this sentense from the Condensed Consolidated Interim Financial Statement of May 30 2014 not made public in October 2013 or in the Year End Financial Statement of 2013. For a company which...read more
5 stars

Financial Statement

This is from the last Financial Statement. There is to read: CREDIT FACILITY    On May 2, 2013, the Company entered into an agreement with Mighty River International Ltd. of  Singapore, a...read more
0 stars

RE:Non-existing payment practices by Mighty River

this is why they are in trouble if they let this go into default and then try to pick up the pieces pennies on the dollar. they are insiders on the board and not looking after all  shareholders best...read more
5 stars

Non-existing payment practices by Mighty River

This was to be expected!! In the news release from May 6, 2014 they wrote: "In the interim the Company will draw down a further US$500,000 from Mighty River International under the existing facility...read more
5 stars

RE:Auvex/ Xie/ Cunningham

This was in 2010 and shows that Cunningham and Xie are not squeamish with their methods. If the both have learned from this case, it will be difficult for the Compliance & Disclosure Department of the...read more
0 stars

Auvex/ Xie/ Cunningham

An old story but it is a good overview. http://www.theaustralian.com.au/business/murky-details-of-takeover-bid-need-to-be-cleared-up/story-e6frg8zx-1225881091053 Murky details of takeover bid need...read more
0 stars

RE:RE:RE:RE:RE:Mail to the management

Sorry about the previous post.....there have been so many changes with this company that I had a brain fart.  rate and reply
0 stars

RE:RE:RE:RE:Mail to the management

Why doesn't the Cadan website list Xie as a director?  Are they slow to update the site or are they trying to hide it?  I think you are right, Xie is in the background, pulling the strings.   Shouldn...read more
5 stars

RE:RE:RE:Mail to the management

i think the compliance is already an issue mr xie wanted to be hands on to gain control so as a member of the board twice he was in violation. this will be legal based on what happens if no financing...read more
5 stars

RE:RE:Mail to the management

To find out why Peter Cunningham continued Mr. Xie preferred as the creditor, I have sent my concerns to the "Australian Securities & Investments Commission" (ASIC). Perhaps this Commission finds...read more