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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 eight8eighton Nov 05, 2009 10:28am
452 Views
Post# 16455945

good read on silver !

good read on silver !
I suspect we will be trading within a couple of weeks again according to 43-101 report being near completion if not already completed, the regulatory paperwork and exchange criterion being satisfied. Will be good to move forward as this has really dragged on. In the meantime, here is a good read on mineweb suggesting silver is the place to be.

Current silver:gold ratio suggests silver very undervalued

This article suggests that silver is undervalued compared to gold by anywhere from 10% to 50% based on historical gold to silver price relationships.

Author: Lorimer Wilson
Posted: Thursday , 05 Nov 2009

https://www.mineweb.com/mineweb/view/mineweb/en/page32?oid=91955&sn=Detail
Bullboard Posts