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Benz Mining Corp V.BZ

Alternate Symbol(s):  BENZF

Benz Mining Corp. is a Canada-based focused gold exploration company. The Company is engaged in the acquisition, exploration and exploitation of mineral properties located in Canada. The Company’s projects include Eastmain Gold, Ruby Hill West Lithium, and Windy Mountain. The Eastmain gold project is located in the Upper Eastmain Greenstone belt, 320 kilometers (km) northwest of Chibougamau and 800 km North of Montreal. The property covers 8,000 hectares (ha), consists of 152 mineral claims and one industrial lease permit. The Ruby Hill West Lithium project is a surface occurrence of spodumene bearing pegmatite within the Ruby Hill West project, located 50km due west of the Company’s Eastmain exploration camp. The Company owns 78 claims on the Windy Mountain property, covering 4,109.7 hectares (41.10 square kilometers).


TSXV:BZ - Post by User

Comment by Goldnboy1on Dec 27, 2021 4:34pm
203 Views
Post# 34264370

RE:RE:40,000m+ Assays Pending

RE:RE:40,000m+ Assays Pending

Don't disagree with you. There is a big warrant overhang.

But owners of those warrants aren't the type that need market liquidity to convert them. Very well established backers here.

So I think the warrant overhang while is anchoring us down a bit. I think when gold blossoms this year and Benz is rolling out solid results that the market probably wouldn't care. 

If you haven't had big selling to convert yet. Wouldn't expect it anytime soon. This was the year to do it if they planned that.

IMO never be all in on a single high risk stock. If things dip and the story hasn't changed. Averaging down is always smart. Get your average share price down under $0.75 and you should have an easy double or more here in the next year if drilling cooperates.

Currently they aren't defining or drilling the ore body yet. Just wildcatting in the field.

Once they come back and start drilling out the best hits. The high grade ounces should grow here super fast. 



 

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