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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 alongdrinkon Oct 16, 2013 8:20pm
208 Views
Post# 21822004

More INFO ON AVERAGE G/T FOR GOLD MINING

More INFO ON AVERAGE G/T FOR GOLD MININGfacts on producing gold miners ABX =1 g/t ,AEM =2.13 g/t ,Nova gold = 2.2 g/t World Beater Mine =31 g/t or 1 oz per tn + Silver Hart mine =900 g/t or 26 oz per tn at the present time CMB owns 50% of the ore from the World Beater mine which adds up to .98 per share at 100 tpd after production @ if CMB buys out the the other 50% = would own 100% of the World Beater mine 2x.98= $1.96 share based on 100tpd x 330 working days 33,000 tons = 33,000 oz x $ 400.00 = $13,200,000.00 divided by # of shares out 60,573,646 = 0.22 x p/e of 9 = $ 1.96 after production gross gold per oz =$1,300 -$900.00 cost =net $400.00, ps have been a share holder of CMB for 6 yrs mgr keeps their word but a little slow moving forward 
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