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Inflection Resources Ltd C.AUCU

Alternate Symbol(s):  AUCUF

Inflection Resources Ltd. is a Canada-based copper-gold focused mineral exploration company. The Company's principal business activity is the exploration and evaluation of mineral properties located in New South Wales and Queensland, Australia. The Company is targeting gold and copper-gold deposits in the interpreted northern extension of the Macquarie Arc, part of the Lachlan Fold Belt region of New South Wales, Australia (the LFB). The Macquarie Arc hosts several mines, including Cadia, Cowal, and Northparkes. Its project's district scale land positions over 7,000 square kilometers (Km2) of licenses in NSW. Its wholly owned subsidiaries include Australian Consolidated Gold Holdings Pty Ltd, ACGH II Pty Ltd, and Romardo Copper (NSW) Pty Ltd.


CSE:AUCU - Post by User

Comment by The_Alchemiston Jan 17, 2021 4:23pm
192 Views
Post# 32316058

RE:no news lately?

RE:no news lately?

Dowsing, I can't do all of your research for you. Check out the Hedgless horseman, he had a little write up on his website. It looks to be a few months old though:

 

https://www.thehedgelesshorseman.com/inflection-resources/first-new-addition-during-the-blood-bath-inflection-resources/

 

I did recently have a phone call with CEO Alistair Waddle, for obvious reasons he can’t provide me with any new information before it’s released publicly. He did say that their whole technical team, which is made up of a group of former BHP higer-ups is extremely encouraged by what they’re finding.. Nothing is a sure thing, but if you watch that video i posted, you can understand that porphyry copper gold deposits leave a large mineral signature. This extremely experienced technical team is stating in their new release that they have intersected the halo of TWO large porphyry deposit, and they're currently vectoring into the centres.

 

Check their website, but i believe that they were testing 20 total targets, with 10 complete, and they’re in the process of testing the remaining 10.

 

Take into consideration, that if they get lucky and do discover say one or TWO large porphyry deposits each of those could eventually be worth a billion each. With a current market cap of around $20 million CAD, I love that risk to reward ratio. Unlike most juniors management and insiders own the majority of equity, so you can trust that their interests are aligned with all shareholders.

 

Also, it help me sleep a little better at night knowing Sprott USA is a shareholder, because i know they do extensive research before making investments in micro-caps.

 

Its a new company so the “story” is still new, but it looks extremely prospective.


The Alchemist
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