GREY:LCPRF - Post Discussion
Post by
MidasTouchez on May 29, 2012 11:25am
Exploration nextdoor to Lumina Copper
https://www.cascadero.com/s/news.asp?ReportID=527480
Cascadero Copper (V.CCD) is currently suspended due to minor auditing issues. However, Stealth Minerals (V.SML) which owns approximately one fifth of Cascadero Copper is not.
Going from other Cascadero exploration programmes it'll probably take Cascadero Copper two to three months to publish results of exploration drilling and from the little that is already known the grades are not only superior to Lumina's exploration results they also show superior gold and silver mineralization.
You can currently buy 255 shares of Stealth Minerals for every share of Lumina Copper. However, when the exploration results are released that opportunity will no longer exist.
I am currently estimating that Cascadero Copper has roughly three times the copper assets that Lumina has and that is a conservative estimate. You can do the math and tell me what price Cascadero Copper should be. Divide that by one fifth and you can tell me what price Stealth Minerals should be.
You thought that the ride on Lumina was good. You'll get a far superior ride on nextdoor neighbours Cascadero Copper (V.CCD) and Stealth Minerals (SML.V).
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