OTCQX:CNSNF - Post by User
Comment by
krishakon Oct 02, 2016 1:47pm
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Post# 25299914
RE:Constantine PR
RE:Constantine PRThe Septemeber Presentation does a very good job detailing the exceptional opportunities ahead:
From p.11
2. Test Property Wide Resource Potential
•Initiate large, sustained property-wide drill campaign
•Validate the camp-scale potential of the project through drill discovery of new mineral resources
•Advance prospects on surrounding 100% owned CEM ground
Isn't this exactly the program we all what to see? It's going to happen, those bullet points are expression of intention,not contingency,
7 of the 21 slides in the corporate presentation cover the New Horseshoe Zone and the Fenn-Gib deposit which has 2.1Moz gold deposit . The Fenn-Gib deposit borders the New Horesehoe Zone where Constantine has found surface gold mineralisation. Fenn-Gib used to be owned by Lake sure gold, now its owned by Tahoe Resources which has plans to increase gold resources at Timmins by 2.0-4.M oz by 2020. At some point those plans are likely to involve Constantine's
New Horeseshoe Zone.Taho had record first 1/2 cash flow in 2016 and has $117M net cah to invest..
Fenn-Gib is just one of the gold projects. As the Corporate presentation makes clear Constantine has viable projects in both base and prescious metals. At some point investors will recognize the value here, the stock trading over the last week or two suggest we are getting close.