OTCPK:CTNXF - Post by User
Post by
moureeses8on May 04, 2017 1:54am
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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