HighlightsJust to remember;
Over and above the initial revenue projections, shareholders in the company can look forward to sustained growth through:
* Radcliff: A total high grade resource of 300,000 oz gold @ 3 g/t, valued at over $100 million gross at $1,200/oz gold.
* Bishop Mill expansion
* The above estimates do not take into account the significant potential of the high grade Silver Hart project. We expect this to add several hundred million dollars to the company's gross inground asset value.
Conclusion
CMC Metals appears to be on the verge of bringing in serious cash flow in relation to the market cap. The diversification of income between the Radcliff Mine and Bishop Mill in California is providing some stability to the situation. At todays price (0.10/share CAD), CMC has a market cap of less than $ 4 million, which leaves an incredible upside for early shareholders.
This is not a buy recommendation! Do your own DD!
source; investerhub
GLTA