Vista Partners Initiates Coverage on Cayden Resources, Inc. (TSX-VENTURE: CYD, OTCQX: CDKNF); CAD $3.50 / USD $3.19 Price Tar...
24 Avril 2014 - 3:00PM
Marketwired
Vista Partners Initiates Coverage on Cayden Resources, Inc.
(TSX-VENTURE: CYD, OTCQX: CDKNF); CAD $3.50 / USD $3.19 Price
Target
SAN FRANCISCO, CA--(Marketwired - Apr 24, 2014) - Vista Partners
announced today that it has initiated coverage on Cayden Resources,
Inc. (TSX-VENTURE: CYD) (OTCQX: CDKNF), a company that engages in
the acquisition, exploration, and development of precious metal
projects in the Americas, with a twelve-month price target of CAD
$3.50 / USD $3.19. Ross Silver, Principal Analyst at Vista Partners
stated, "Cayden believes that it has the potential for a major gold
discovery. The El Barqueño Project is at a pivotal exploration
stage with significant potential value to be revealed in the next
12 months. Multiple vein and stockwork zones containing
significant concentrations of gold have been discovered over a wide
area. The first 41 holes at the Azteca target area have tested
approximately 1.3 km of the 2.6 km prospective strike length to
date to a maximum true depth of 200 meters. The large majority of
the holes drilled in the Azteca target have penetrated the
mineralized structures and intersected significant gold
mineralization." Mr. Silver concludes, "Cayden's Las Calles
concession, part of the Morelos Sur concessions, is located within
Goldcorp's (GG), Los Filos project. The Morelos Sur concessions and
their unique land position may have the potential to generate
significant additional internal cash-flow for the Company."
To download a FREE copy of the Cayden Resources, Inc. research
report, please visit http://www.vistapglobal.com and click the
"download research" icon to gain access to the report.
About Vista
Partners: Vista Partners LLC, founded in 2005, is a
Registered Investment Advisor in the States of California and
Oregon. The firm's professional staff has backgrounds in finance,
corporate communications and investment banking. Vista focuses on
investing globally across all market sectors. Vista also provides
investment considerations on publicly traded companies through a
platform of stock research reports, newsletters, company specific
webpages and daily commentary. The platform of products is meant to
serve as potential tools for investors to learn about investment
considerations. It is Vista's mission to provide investors with
tools that may enable them to make profitable investment decisions
with the goal to deliver investment considerations that outperform
small, mid and large cap equity indexes.
Please follow us on Twitter @VistaPResearch & Facebook at
Vista-Partners to receive updates, thoughts and ideas about and our
coverage universe of companies and more.
Disclaimer & Disclosure: For a full list of disclaimers and
disclosures, please visit our website www.vistapglobal.com or click
here.
Contact: Vista Partners LLC 877.215.4813
Email Contact
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