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CMC Metals Ltd V.CMB

Alternate Symbol(s):  CMCXF

CMC Metals Ltd. is a Canada-based growth stage exploration company. The Company is focused on opportunities for polymetallic deposits in Mexico, Yukon, British Columbia and Newfoundland. The Company's silver-lead-zinc polymetallic projects include Gavilanes Silver-Gold Project, Silver Hart Property, Blue Heaven Property, Rancheria South property, Bridal Veil Property, Amy and Silverknife Properties, Terra Nova Property and Rodney Pond Property. Its Silver Hart Property is located in the south-central Yukon and consists of 116 claims covering over 2,017 hectares. The Blue Heaven property consists of 121 contiguous mineral claims located in southern Yukon. The Rancheria South property lies south of the British Columbia-Yukon border. Rancheria South comprises of 12 mineral tenures covering 2008.32 hectares. Its Silverknife property comprises two mineral tenures covering over 538.3 hectares. The Amy Property lies eight km to the west of the Silvertip Mine complex.


TSXV:CMB - Post by User

Bullboard Posts
Comment by hanscazanon Sep 23, 2012 7:30am
442 Views
Post# 20403478

BLM Bishop silver hart(saving account ;)

BLM Bishop silver hart(saving account ;)

Making cost on the silvermine when income is low and priority is the Bishop mill which is costing money cmc metals did the right thing in saving the longs money by holding and focus on the NEPA. Preventing extra emissions.

Wrt the major part of the bulk sample possibilities are being examened,a) in own flexible mill, 2) sales to regional partner, 3) chinese contract but is expensive (input Gord last week), no hurry as silver prices were not that attractive :). Smart awaiting silvermarket delivered money 27-->35$/ounce. So silver could be sold any time now when the money is needed ;). The waiting did "pay-off".

On the BLM site posted, the 30 day period is untill the 19th of October. I would not be surpriced if the sales of the bulk sample will be finished during these days as money is needed to finalise the Bishop mill to become fully operational.

Took some time but possible 10-bagger from todays Stockprice 0,13 in 2013.

 

 

 

 

 

 

Bullboard Posts