Canasil Resources Inc V.CLZ.H

Alternate Symbol(s): CNSUF

Metals & Mining Industrial Metals & Minerals

Canasil Resources Inc. is a Canadian mineral exploration company with a portfolio of silver-gold-copper-lead-zinc exploration projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The Company's projects include La Esperanza, Salamandra, Sandra-Escobar, and other projects. The La Esperanza silver-zinc-lead project is located 100 kilometers (km) SSE of the city of Durango on the border between Durango and Zacatecas States. The Salamandra project is located 35 km north-east of the city of Durango in Durango State. The Sandra-Escobar project is located 200 km northwest of the city of Durango, Mexico. It has other claims located in Durango State, Mexico, which include the Colibri, Carina and Vizcaino projects. It also holds claims in British Columbia, Canada, which include the Brenda, Lil, Granite, and Vega projects. The Colibri project is located about 70 km SE of the city of Durango. The Carina project is located about 45 km NE of the City of Durango.

TSXV:CLZ.H - Post by User

Canasil Resources Inc

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Post by qwert1on Aug 08, 2016 12:07pm

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Post# 25119591

Wild ride

Orko was quite the ride...up and down...
Coeur d'Alene offered $350million with all costs in bought for $384.
At the time Orko had 136 million shares outstanding.....share holders received $2.70
At the time silver ranged between 33-30 dollars an ounce but was trending down.
Orko had 160 million ounces of silver and 360,000 ounces of gold mostly measured and indicated.
we are now at the stage were we will get our first reserve measure and silve is at $20. An ounce and on a up curve. Once we get the initial numbers then we can compare the numbers.....good luck to all.

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