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Constantine Metal Resources Ltd V.CEM


Primary Symbol: CNSNF

Constantine Metal Resources Ltd is a base and precious metal exploration company focused on its Alaska polymetallic project, Palmer. The company's flagship Palmer VMS Project, located near Haines in Southeast Alaska, is road-accessible and hosts two NI 43-101 compliant resources. The Palmer Project is a Joint Venture partnership between Constantine and Dowa Metals & Mining Co Ltd with the company as an operator.


OTCQX:CNSNF - Post by User

Comment by krishakon Nov 26, 2015 5:41pm
43 Views
Post# 24329534

RE:RE:Not the Big Bang Theory

RE:RE:Not the Big Bang Theory"Barite was mentioned again…..this will move the mine ahead due to the lack of Barite production in the US?????"

Table 1 shows the average Ba content of the boulders was about 10%. Ba sells for $150/ton, so if the 8.1 million tonne, (8.93 million tons), resource at Palmer contains 10% Ba = 893,000 tons Ba, which = $13.39 million. So a useful piece for a mine-building argument.

Bob/D&B:  I hear you both, and you are exactly right. Constantine has to do a financing at some point to get the $'s to realize the full potential of all the exciting targets on their huge property. At today's new 52-week low of $0.055 this is a hopeless task. Drilling some of the "juicy targets" that you guy's identified is the way to go. I hope that waiting for that to happen will not be more painful than it is now!
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