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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 high grade polymetallic deposits in the Yukon, British Columbia and Newfoundland. Its polymetallic silver-lead-zinc CRD prospects in the Rancheria Silver District include the Silver Hart Deposit and Blue Heaven claims (Yukon), Amy and Silverknife claims (British Columbia). Its polymetallic projects with the potential for copper-silver-gold and other metals include Bridal Veil (central Newfoundland) and Logjam (Yukon). Its flagship property is the Silver Hart property, covering over 116 claims, 2,017 hectares, located in the south-central Yukon. It has an 80 % interest in Blue Heaven Property, which consists of over 121 contiguous mineral claims located in southern Yukon. The Silverknife Property comprises two mineral tenures covering approximately 538.3 hectares. The Amy claims comprising 16 mineral tenures (approximately 908.4 hectares) cover part of the Cassiar Batholith.


TSXV:CMB - Post by User

Bullboard Posts
Post by Paracelsuson Jan 18, 2013 11:55pm
376 Views
Post# 20860065

The Recent Good News of Radcliffe/Worldbeater

The Recent Good News of Radcliffe/Worldbeater

CMC Metals has genuine value behind it, especially with good news of the recent resource estimates for the California properties. If this were 2005 the shares of CMB would have been well bidded up upon news like this. 9 cents is a screaming bargain.

As to the bulk sample not being transacted yet, there are many mines holding back product until they get better prices. So I would not criticize CMC too heavily for not selling at better prices earlier.

Given the record prices for other metals, silver should be fetching more than $50.00/ozt. Keep holding. I don't think 9 cents a share will be there for long.

Bullboard Posts