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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
Post by Teatimenowon Dec 07, 2017 10:10am
296 Views
Post# 27108402

potentially disruptive

potentially disruptive basically the Burner project has always been a good one, it`s just that it`s not the market for development stage gold projects, still in a deep bear market.<

Now to todays announcemnt. I don`t know if they can execute, but they did choose the right blockchain platform and the deal does make sense in my view. They do have a Ni 43-101 compl PEA showing a high IRR. So it does make a certain sense there is some value parts that could be Tokenized.
If there`s only a 5% Chance they can execute this. This could be disruptive to the Mining industry,
especially to the Royalty Companies.
I am buying some with the assumtion that with a 95% likelyhood its not gonna work out, but the Burner project is a good one.
And a 5% chance they will make this idea work.

Buying this could be seen as a hedge against the Royalty company model.
As i do own quite a bit of Franco Nevada, Sandstorm Gold, Altius Minerals and others in the space. I think its prudent to take a stake here.
If they succeed, this could really be disruptive and dangerous especially to the traditional royalty companies...
Bullboard Posts