OTCPK:CTNXF - Post by User
Post by
FoolAndHisMoneyon Jul 18, 2019 5:55pm
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Post# 29937064
Value of Cornerstones share of Cascabel.
Value of Cornerstones share of Cascabel.I came across this quote from the PEA NR a couple of months ago. None of us expect to realize those values but I’d be happy on a per share basis if we got 50%. With about 32 million shares now outstanding if we get 50% value that would put us in the range of $20.00 per share Canadian dollars. I’m hoping that the next assay results from recent drilling will increase the value even more.
CORNERSTONE ANNOUNCES EXTREMELY POSITIVE PEA RESULTS FOR CASCABEL PROJECT
Quote from News Release!
“The implied value of Cornerstone's 22.8% direct and indirect stake is between US$935M and US$1.26B depending on which of the four mine production cases is selected."