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Camino Minerals Corp V.COR

Alternate Symbol(s):  CAMZF

Camino Minerals Corporation is a Canada-based discovery and development stage copper exploration company. It is engaged in the exploration and development of mineral properties. It is focused on evaluating and acquiring exploration projects in Canada and abroad. Its projects include Los Chapitos copper project, Maria Cecilia copper porphyry project, and Plata Dorada project. Los Chapitos copper project is located 15 km from the coastal town of Chala. It has a tenement area totaling over 22,000 hectares. Maria Ceilia copper porphyry project is located 450 km north of Lima and consists of claims that cover approximately 7,110 hectares. Its porphyry complex includes the Toro punto epithermal deposit and the Emmanuel porphyry deposit. Plata Dorada project consists of approximately 3,800 hectares, located 158 km east of the city of Cuzco. It seeks to acquire a portfolio of advanced copper assets that have the potential to deliver copper into an electrifying, copper-intensive global economy.


TSXV:COR - Post by User

Bullboard Posts
Post by Oyveyon May 13, 2017 11:43am
116 Views
Post# 26240647

The only problem is they've created a monster that now needs

The only problem is they've created a monster that now needs to be fed on a regular basis or it might get angry. Twinning the first hole to get better recovery is great but unless they can follow up with similar assays on step outs investors might get restless and start to panic out. Retail are pretty fickle and they need reassuring almost constantly or else they lose their collective nerves. My only concern is that they can't satisfy the beast with enough good news early on so I'm treading carefully before over committing and missing an opportunity to buy lower....wherever that might be. I wish they would bring in at least one more rig, one that stays on the discovery and steps out from hole 2 and another to test the Katy area and others. Twinning hole 2 and then moving the rig to an entirely new zone to test that may not produce the results ( instant gratification ) that investors want. And then we have the 21,000,000 PP and warrants coming due mid June. This deal is not without it's fair share of complications !
Bullboard Posts