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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

Post by ggrelletteon Feb 17, 2022 1:40pm
193 Views
Post# 34438800

Silver spot price is well out of whack............

Silver spot price is well out of whack............to the normal ratio of Gold to Silver. The ratio of 1 to 50 at this point when gold is @ $1900.00 is a spot price of $38.00. Today price is $23.00 to $24.00 which means the talk on the street will entail the term "Silver is Undervalued" which would cause a move in the spot price which in turn should move the silver sector.
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