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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 hanscazanon Sep 23, 2012 7:30am
443 Views
Post# 20403478

BLM Bishop silver hart(saving account ;)

BLM Bishop silver hart(saving account ;)

Making cost on the silvermine when income is low and priority is the Bishop mill which is costing money cmc metals did the right thing in saving the longs money by holding and focus on the NEPA. Preventing extra emissions.

Wrt the major part of the bulk sample possibilities are being examened,a) in own flexible mill, 2) sales to regional partner, 3) chinese contract but is expensive (input Gord last week), no hurry as silver prices were not that attractive :). Smart awaiting silvermarket delivered money 27-->35$/ounce. So silver could be sold any time now when the money is needed ;). The waiting did "pay-off".

On the BLM site posted, the 30 day period is untill the 19th of October. I would not be surpriced if the sales of the bulk sample will be finished during these days as money is needed to finalise the Bishop mill to become fully operational.

Took some time but possible 10-bagger from todays Stockprice 0,13 in 2013.

 

 

 

 

 

 

Bullboard Posts