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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 Apr 29, 2024 3:12pm
149 Views
Post# 36013235

CNX stock price ignoring cu per pound price increase

CNX stock price ignoring cu per pound price increaseCU is up to a comfortable $4.67 US price per pound ;but our stock price is largely not reflecting that change. The same is largely happening with Ivanhoe Mines and Barrick. My quess is that within the next 6-12 months both analysts and investors will notice the disparity between product price and stock share price. 

Since Ivanhoe is a big time producer which is adding Platreef a polymetallic mine near term, IV may start the stock price awakening. CNX is getting healthier by day. 
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