TSXV:CUCO.H - Post by User
Post by
StockHawk1on Nov 30, 2022 5:41pm
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Post# 35141239
CUCO undervalued compared to peers
CUCO undervalued compared to peers AVZ Minerals' (AVZ) Roche Dure lithium project in the DCR's Manono region is estimated to contain 400 million tons grading 1.65% Li2O
African Energy Metals' (CUCO.v NDENF) controls a 170 kms² advanced-stage small mining permit in the prolific earlier this year which is on the same trend as Roche Dure.
A defined pegmatite corridor is thought to run from the Roche Dure deposit through a Tantalex (TTX) concession to CUCO's project.
Considering that TTX is valued at >$50M and AVZ is valued in the Billions, I think CUCO could be an undervalued play in the area with an MC of only $4.652M
More info here:
https://ca.finance.yahoo.com/news/african-energy-metals-expands-land-113000267.html