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Rockcliff Metals Corp C.RCLF

Rockcliff Metals Corporation is a Canada-based exploration and resource company. The Company is engaged in the acquisition and exploration of mineral properties in Manitoba, Canada. Its projects include Tower Property, Rail Property, Bur Property and Talbot Property. Tower property hosts the tower deposit, a polymetallic copper (zinc-gold-silver)-rich volcanogenic massive sulphide (VMS) deposit. Tower Property is in the Flin Flon-Snow Lake district of west central Manitoba approximately 500 Kilometers(kms) northwest of the city of Winnipeg and 50km southwest of the town of Snow Lake. Rail property is engaged in polymetallic copper (zinc-gold-silver) rich VMS deposit. The Rail Property is in the Flin Flon-Snow Lake district of western Manitoba, approximately 700 km north-northwest of the City of Winnipeg. Bur Zone Project is located approximately 145 km east-northeast of Flin Flon, Manitoba. Talbot Deposit is hosted in Paleoproterozoic rocks of the Trans-Hudson Orogen (THO).


CSE:RCLF - Post by User

Post by dangold2012on Apr 05, 2020 5:08pm
153 Views
Post# 30881155

trading at cash

trading at cashHard to believe rclf is trading at cash on hand,somewhere around 13-14 million.  I have crunched some rough numbers and total cueq for the three deposits  [so far ] inferred and indicated is somewhere around 700 million pounds. Without any more drilling or adding to the resource their is  1.4 billion dollars worth.  If one was to look at the 30 mines [in the area]  average resource growth through initial  production to closing you would see the average growth was    3.2x the   initial resource.  I suspect these projects to have very low capex numbers and anticipate some exciting numbers in the upcoming pea"s for  talbot tower rail . Looking at the numbers and the potential numbers it is easy to understand why instituitional shares held is  72%     anyhoot glta and stay safe 
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