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Callinex Mines Inc V.CNX

Alternate Symbol(s):  CLLXF

Callinex Mines Inc. is a Canada-based company, which is advancing its portfolio of base and precious metals rich deposits located in established Canadian mining jurisdictions. The Company's projects include Flin Flon Area - Pine Bay, Flin Flon Area - Flin Flon, Nash Creek and Superjack, Point Leamington, and others. It owns a 100% interest in the approximately 6,795 hectares Pine Bay project. At Pine Bay project, the Company is focused on the advancement of the high-grade Rainbow Deposit and Descendent Deposit. Its Nash Creek project is located in the volcanogenic massive sulfide (VMS) rich Bathurst Mining District of New Brunswick. Its 100% owned Point Leamington Deposit in Newfoundland is located in one of the richest VMS and Gold Districts in Canada. Its Flin Flon project covers approximately 2,455 hectares. Its other properties include Gossan Gold, Sneath Lake property, Moak Lake property, Herblet Lake property, Headway property, Headway North claim, and the Island Lake properties.


TSXV:CNX - Post by User

Post by Goodtoreadthis1on Jan 01, 2022 3:42pm
229 Views
Post# 34276429

If CEO Porterfield talks Zinc as well as CU and other base

If CEO Porterfield talks Zinc as well as CU and other basemetals, we have a shot at $4 US per share this time next year. Our CEO and the market are ignoring over $1 bILLION in Zinc assets owned by Callinex. CNX should put together a reasonable estimate for their cost of production of Zinc to put some believability into the Zinc asset's value.

Our current market cap is less than 38 mil Canadian yet we hold $1.03 Billion US in Zinc assets.

Woefully undervalued is the best way to describe CNX.  
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