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Chibougamau Independent Mines Inc V.CBG

Alternate Symbol(s):  CMAUF

Chibougamau Independent Mines Inc. is a Canada-based natural resources exploration and development company with properties located in the area of Chibougamau, Quebec. The Company is focused on finding economic mineral deposits and reviving production in the Chibougamau mining camp. The Company holds approximately 12 exploration properties. It retains a 2% Gross Metal Royalty (GMR) on all iron and vanadium produced from the Mont Sorcier property. Properties included in the Chibougamau Mining Camp are Baie Malouf, Bateman Bay, Berrigan Mine, Berrigan South, Buckell Lake, Copper Cliff Extension, Grandroy, Gwillim, Kokko Creek, Lac Antoinette, Lac Chibougamau, Lac David Sud, Lac Elaine, Lac Simon, Mont Sorcier, Nepton, Quebec Chibougamau GoldFields and Virginia Option. The Bateman Bay gold-copper-silver (Au-Cu-Ag) mine & two former mining blocks constitute the Bateman Bay property, which is composed of approximately 15 mining claims totaling 353 hectares that are owned by the Company.


TSXV:CBG - Post by User

Post by Teclison Feb 16, 2017 11:46am
199 Views
Post# 25855391

Good volume today with approx 700k shares in first 2h

Good volume today with approx 700k shares in first 2hDont forget they own nearly a complete mining camp and they have 2,75m shares in VONE which are trading at 0.16/0.17 but with only 20m shares out .. If they Start the run will be heavy :-) and we participate. The Berrigan and Bateman projects are good marketing at the Moment with Copper Gold and Zinc focus. They are before Phase 2 drilling and will deliver a NI43-101 Resource. And most important that all for 3m market cap and a independent contract mill with 3k tpd capacity!!! I love this one and VONE too we will see but it seems the Volume is back and uptrend active. Till last high 0.24 there is a way to go :-)

Best regards from Germany
TEC 
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