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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 babyofbullionon Oct 23, 2012 7:18am
219 Views
Post# 20512798

RE: RE: price drop

RE: RE: price drop

Well, we closed up 18% but I wouldn't read too much into that because all the volume was selling during the day.

As we get closer and closer to permitting the volatility was always going to increase.

It didn't look good yesterday, but perhaps that is how it was meant to look.

I wouldn't be making any sell decisions based on $25k worth of sells, although I do expect a drop today with the bid looking weak recently.

Bullboard Posts