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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 babyofbullionon Sep 16, 2012 5:13am
465 Views
Post# 20371480

Comments by scoris

Comments by scoris

I follow scoris' blog which is absolutely excellent by the way. You can find it here:

https://www.marketsbyscoris.com/

I hope he doesn't mind me posting his latest comment here:

(translated by Google!)

CMC Metals is of course more of a gamble, but one lottery ticket you should well have. Final state production is expected by the end of september and it is of course a big trigger. There are no guarantees but the BLM's actions so far indicate that they will provide the permit to CMC. While negotiating CMC to supply ore to another concentrator while Bishop Mill is not running. It may come at any time. Concentrations in Radcliff Mine is very high, up 1 oz per ton in some places. This opens the possibility for profitability even in direct ore shipment to another mill. The risk is high but the potential follow luckily close behind. This is a stock that quickly doubles at the "right" news feed. That said, no company can put a lot of the portfolio, but a high potential micro junior who is worth a shot record.

Bullboard Posts