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Canamex Gold Corp C.CSQ

Alternate Symbol(s):  CNMXF

Canamex Gold Corp. is a Canada-based mineral exploration company. The Company is focused on acquiring other mineral properties/assets.


CSE:CSQ - Post by User

Bullboard Posts
Comment by baystock1on Aug 05, 2017 9:12pm
169 Views
Post# 26551583

RE:Canamex PEA remember this in 2016

RE:Canamex PEA remember this in 2016

Average annual gold production of 46,500 oz at a cash cost of $550/oz. for the first two years and $818/oz. thereafter for an average cash cost of  $796/oz.


There is the problem: Cash cost of 796/oz for the 3rd and 4th years, which is very high for a supposedly high grade heap leach mine.

The other burning question is why did Hecla not participate in the last 2 financings ? They had the right to. What do they know that retail investors don't ?

Bullboard Posts