Hudbay picked another Winner. LOOK >https://www.vmsventures.com/projects_snowlake.asp#value_proposition_snowlake
See what they believe they have ..Hows that for a Market cap if they find what they think is there. NICE !!!!
Value Proposition
Geological Setting: Flin Flon - Snow Lake Greenstone Belt. Proterozoic Marine Volcanic Rocks
VMS Target: Multiple 5,000,000 Tonne (plus) Copper-Zinc deposits
World Class Deposits: Flin Flon, Manitoba (Cu, Zn, Au, Ag) 60,000,000 Tonnes
Kidd Creek, Ontario, (Cu, Pb, Zn, Au, Ag) 150,000,000 Tonnes
Value Proposition: 5,000,000 Tonnes grading 2.5% Copper equals 50 lbs/tn at price of 3.50/lb totals US$175.00/tn plus 4.5% Zinc which equals 90 lbs/tn at a price of $1.50/lb totals US$135/tn for Zinc.
Total contained metal (Gross Metal Value) = $310 X 5,000,000=US$1.55 billion US
(Excluding Gold and Silver credits which can be significant in these deposits)
Pics are better there as well....https://www.vmsventures.com/VMS_Map.pdf
Hudbay does not pick too many losers folks ....
Couls be a VERY NICE PAYOFF HERE .......