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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
Comment by Scorison Apr 18, 2012 12:41pm
159 Views
Post# 19808053

RE: RE: RE: CMB compared to ASM

RE: RE: RE: CMB compared to ASM

This is what you wrote:

 

"I just don't  get it....  ASM  trades  at $50 million  market cap  based  on  producing a  concentrate  only 70%  as  rich  as  the   RAW  ore  from the  CMB  bulk  sample"

 

Which means you clearly have no idea about Avino beause you think the market cap today of Avino should reflect the low grade material they are processing now.

 

You can't compare CMC to Avino. Avino will produce at an annual rate of 1 Moz Ag this autumn from their vein system. Yes CMC has high grade material, but as long as they only do bulk sample the silver part of CMC will be quite small.

 

Better to focus on Bishop Mill in my opinion. That's a game changer.

Bullboard Posts