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Bullboard - Stock Discussion Forum Benz Mining Corp BENZF


Primary Symbol: V.BZ

Benz Mining Corp. is a Canada-based focused gold exploration company. The Company is involved in the acquisition, exploration and exploitation of mineral properties located in the Americas. The Company’s projects include Eastmain Gold, Ruby Hill West Lithium and Windy Mountain. The Eastmain gold project is located in the Upper Eastmain Greenstone belt, 320 kilometers (km) northwest of... see more

TSXV:BZ - Post Discussion

Benz Mining Corp > Big week!
View:
Post by Goldnboy1 on Oct 25, 2020 2:52am

Big week!

Financing expected to close on or around October 29. Otherwise known as Thursday this week. 

Company should have $17-$20M in funding for exploration and operations following this raise. 

This treasury is likely greater than the treasury spent at Eastmain in the past twenty five years combined, let alone one single year. 

Benz needs to spend this capital in twelve months or less. If they don't, they lose the tax credits on the company side. So this program appears as though it's about to get seriously aggressive. Wonder who is backing. This raise doesn't feel entry level. 

Keep an eye on this one. Could get very green if ASX listing comes along with the funding close!

Looking forward to this week!!

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