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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 garlandon Jan 27, 2022 10:26pm
201 Views
Post# 34369672

RE RE VALUE

RE RE VALUE MY NUMBER IS SUBSTANTIALLY LOWER THAN WHERE I BOUGHT A SWACK OF SHARES TODAY - AT THE LOW!!!  ANYWAY I CUT IT - EVEN DISCOUNTING  the reserves at 95% I have a value way over 10.00 cdn per share on the zinc alone That deposit starts at surface - this should become a mine at some point going forward. only concern I have is they need to raise more money but that should not be a problem - dilution is a non issue  -- maybe PROPER promotion of the potential with this company is !?!?! IMHO ( or maybe the hangover and upset investors when CNX rolled the shares back  - EVERYONE HATES THAT!!!  and investors NEVER forget  that event) - regardless HUGE value here I will be buying more!! this has to be one of the best deals out there - someone will WAKE UP and take CNX out!!!
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