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Cornerstone Capital Resources Inc V.CGP


Primary Symbol: CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.


OTCPK:CTNXF - Post by User

Post by moureeses8on May 04, 2017 1:54am
264 Views
Post# 26201515

Avalon -Bramaderos

Avalon -BramaderosMystique,

Avalon has had a close connection with CGP for a long while as  the CEO was at Cascabel with CGPand was instrumental in SOLG getting the project . He was also involved with a discovery in  Indonesia .

I wondered why Mr Norris chose Bramaderos as their project when CGP has about 8 new permits available and they pretty much surround Cascabel.

I understand from CGP that they are holding those permits for majors because of the sucess at Cascabel and will want big dollars for them this was outside of AVI capability for funding so they have chosen Bramaderos which is much more suitable for a junior.program .

The project is lightly worked and has some propects that apparently are worthy of a drilling 

There is more information on Bramaderos coming up from the JV CGP-AVI in the near future that will give a better idea of its potential.

AVI wanted to get a project in place that is recognised as a good mining area( Ecuador) because of (Cascabel) . They currently have the problem that DRA (Dragon Mining) has found that having permits in Nordic areas are not recognised by investors on the ASX in Australia hence DRA have delisted and are seeking a listing on the Hong Kong exchange.

It will be worth keeping an eye on how the JV goes on Bramaderos as  I understand there is not a lot of Copper/Gold  projects in the South.

Good luck to all.
DYOR
moureeses

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