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Denarius Metals Corp V.DSLV


Primary Symbol: N.DMET Alternate Symbol(s):  DNRSF

Denarius Metals Corp. is a Canadian junior company engaged in the acquisition, exploration, development, and eventual operation of polymetallic mining projects in high-grade districts. It owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper-rich Iberian Pyrite Belt. It also holds a 50% interest in Rio Narcea Recursos, S.L. which has the rights to exploit the historic producing Aguablanca nickel-copper mine, including a 5,000 tpd processing plant, located in Monesterio, Extremadura, Spain, 88 km from its Lomero Project. The Company is carrying out construction activities at its 100%-owned Zancudo Project in Colombia, which includes the historic producing Independencia mine. It is also carrying out an exploration campaign on the Toral Zn-Pb-Ag Project located in the Leon Province, Northern Spain for an option to acquire up to 80% of Europa Minerals Iberia in two stages; Europa Minerals Iberia owns 100% of the Toral Project.


NEO:DMET - Post by User

Post by 7Twiggyon Mar 08, 2022 11:12am
86 Views
Post# 34495324

Denarius has a big sister

Denarius has a big sisterGCM has not bought back since Feb 1.  My guess they had a certain target in mind and when hit stopped buying back.  I would think that with the price of gold moving ahead to $2065 they will or have adjusted their buyback target.  Another month's gold profits sitting there waiting to be spent. Still hope they spend some of it on Denarius, but my bet is they will also accelerate the buy back on GCM.  Price is a little high, but I added to GCM today. I can see this taking out the 52 week high and I am not talking months but days.
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