Lundin continues to recommend investing in CYD
"Brien Lundin, in the June, 2014, edition of the Gold Newsletter, says buy Cayden Resources Inc., recently $1.71. Mr. Lundin said buy Cayden four times between December, 2011, and December, 2013, at prices ranging from 98 cents to $1.50. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $5,911. The newsletter editor says the company's El Barqueno project in Mexico is starting to show signs of having multiple deposits and a potentially open-pittable gold resource. The company recently released assays which revealed Cayden has extended the Pena de Oro target to 400 metres of strike and 110 metres at depth. Mr. Lundin says the company is still waiting for assays from 13 more holes. The company also recently acquired the Shamba-la concession, which comprises about 400 hectares along the northwest border of the Pena de Oro target. It paid $251,000 (U.S.) cash and issued 150,000 shares. As well, Cayden has received permits to move its two drill rigs at El Barqueno to the Angostura and Zapote targets, where it will drill next. Mr. Lundin concludes the company has smart management and a high-potential project, which makes Cayden a company to watch in the upcoming months.
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