CMB on BullMarketRunCMB slowly gets on the radarscreens
https://www.bullmarketrun.com/?p=20954
CMC Metals (CMB, TSX-V) recently strengthened its management team (an overdue step) and appears to be turning the corner with mining finally underway at the Radcliff Property in California (CMC currently holds a 50% interest in the project)…operational plans at Radcliff entail producing a minimum of 2,000 tons of ore monthly for shipment to CMC’s recently permitted Bishop mill…the Bishop mill is expected to be functional in June…construction of a new adit toward a potential high-grade zone at Radcliff is also in the works…
Technically, CMC is looking stronger than it has a long time which also reflects the “new” market that we’re now in…the 200-day moving average (SMA) recently reversed to the upside, ending a decline that started in 2011…below is a 1.5-year weekly chart from John…CMC is up a penny at 8.5 cents as of 7:45 am Pacific…as always, perform your own due diligence…