And Institutions are currently holding about 40%.....plus about 2,500,000 shares (8%) are locked up until September. Basically theres 21% out there, not counting whos long on the stock currently, less if you do count these people in.

Good to see you here Rock, hope you dont mind but Im pasting one of your posts from Stockhouse to this board because it was an excellent post and I think theres people here who may want to read it as well. If you dont want me posting it send me a pm and Ill take it down, otherwise.....

Heres Rocks post from SH;

Just thought I would put together an info post for any newbies coming to this site. Helps with the DD timeframe.

Feb 21st, 2012: Cadillac Mining Intersects 1.25 G/T Gold Over 82 Meters (Stock hits $.50 then drops off)

Feb 21st, 2012: Stateside report puts an $.80 target on CQX

Feb 22nd, 2012 - $.95 target placed on CQX by the gold report The Gold Report Article

March 1st, 2012: Cadillac Mining Plans 5000 Meters of Core Drilling at Goldstrike

March 5th, 2012 – Report that CQX is a buyout target with a minimum buyout price of $.50 Western Quebec Gold Play Is A Strong Takeover Target By Richmont Mines

May 22nd, 2012 - Closes a Private placement for 5M shares at $.20 and warrents at $.40 PP Details

Mining update as of May 22nd included: "the initial portion of the drilling program will comprise 15 or more holes ranging in depth from 60 to 150 meters on up to seven cross-sections. This is expected to define the relationship between mineralization, structural controls, and stratigraphic constraints in a complex graben-bounded environment.

As of the date of this release, drilling on the Hamburg Extension has progressed to the sixth hole, that is, DDH12-09, which was collared approximately 105 meters east of the above-mentioned RCH11-02. It is angled northerly at 67 degrees to parallel RCH11-02 and DDH12-04. All holes drilled to date have intersected the prospective southern graben-bounding structure. Initial samples have been submitted to an accredited laboratory in Nevada for preparation and analysis. Assays are pending."

June ???? - Assay results from 5000M diamond drilling program to be released!!

I know some people will look at this as pumping but Im just pulling all of this info together into one post so that any newbies can see why the price is doing what it is on seemingly no news. The fact is that this was not overbought on the initial spike, it was however massively oversold. Now the price it just slowly working its way back to where it should be prior to this upcoming news.

Great timeline, great way to sum it up man.

Rogue,