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Filo Corp FLMMF

Metals & Mining Industrial Metals & Minerals
Filo Corp. is a Canadian exploration and development company. The Company is focused on advancing its 100% owned Filo del Sol copper-gold-silver deposit located in San Juan Province, Argentina and adjacent Region III, Chile. The Filo del Sol Project is located in the San Juan Province of Argentina and the adjacent Atacama Region of Northern Chile, 140 kilometers southeast of the city of Copiapo, Chile and straddles the border between Argentina and Chile. The Filo del Sol project consists of two adjacent land holdings: the Filo del Sol property, located in San Juan Province, Argentina, and the Tamberias property, located in Region III, Chile. Filo del Sol is a high-sulfidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system. Its subsidiaries include Filo Del Sol Holdings Inc., Filo Del Sol Chile Holdings Inc., Filo del Sol Exploracion S.A. and others.


OTCQX:FLMMF - Post by User

Filo Corp > That's the way it goes!
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Comment by BSdetector2016on May 13, 2021 8:55pm
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Post# 33200858

RE:RE:RE:RE:RE:That's the way it goes!

RE:RE:RE:RE:RE:That's the way it goes!
tadjames1 wrote: Thanks Rational ! I think I mentioned that my background is oil and gas so I don't quite understand the size scale of what they have. Any gut feel on what someone would pay for the project? I've had shares for along time after they split up Josemaria and in the last month bought 25000 more shares at 2.50 and then again at 3.25. My TFSA was very happy today !!


@tadjames1: I am the opposite in that my background is mining. It's not like oil and gas where you can do a draw-down test to estimate the value of a single well. In the mineral industry you need to drill a lot to determine size and grade of a target. This drill hole completely changed the dynamic of the project, however, it is still only one hole. The potential size of these types of mineralised systems could be large. Hypothetically let's say they've got a 50 metre radius of mineralisation around an 858 metre intercept; that means at density of 2.9 you are looking at 20M tonnes of 1.8% CuEQ. This is all conjecture at the moment but one thing is certain: today's news has blown project potential wide-open.  
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