Banca I.F.I.S Spa BNCIF

More than meets the eye!

[SparticusJones]

I am from the area, born and raised, I have travelled the backroads of cobalt as a kid and they are sitting on 80 years of virtually untouched tailings still with high yields of minerals untouched from  obsolete milling methods and abandoned spoil piles that have been sitting on surface for over a hundred years. I have been to their claim (Duncan Kerr) and pretty much every other of the new claims. I have prospected for fun all around the Cobalt area finding silver on surface as well as cobalt and cobalt bloom. (I would gladly post pictures if possible) I know the mill that they have given a LOI it's roughly 20km away from the Kerr claim.

with the amount of information they are withholding this stock will only continue to climb with every new release. It's a gold mine of beautiful blue!

[SparticusJones]

Forgot to mention the name of the mill, it's not hard to find it's the only one in North Cobalt ...it's Cobalts Yukon Refinery owned by Swiss company "United Commodities ag" who has had some financial troubles hence  in the news release  that any and all debt shall remain with the seller.  https://www.northernontariobusiness.com/industry-news/mining/cobalts

[dothemathpeople]

Kinda funny (but not really) that the properties that CSK now has, were previously held by TRIOS...Trios also had an agreement with the Yukon to ship ore to them for pay...firtst tranche was supposed to be a $250k cheque...a year later, they were at each other, no ore shipped, Yukon shut down a few years later...and has been sitting there for years, not even under care and maintenance...it's

[Checkthefax]

Not surprising Dothemath.... considering past commodity prices. An additional thing I like about the property purchase, according to the nr. the silver property is considered to hold 4.55 mil ounces of silver.

[dothemathpeople]

The funny thing is, cobalt won;t make these properties go...silver will...smoke and mirrors...and the pied piper formula...

[newsimon1707]

Wow,  thanks! That is valuable informations! they are building something solid here!  Not just a penny flipping stock! thanks again for the info!  And cobalt is just heading to the stars on top of that!!

[SparticusJones]

Honestly people have no idea the amount of byproduct they are sitting on literally almost a hundred years of already mined cobalt ready to be trucked to the mill....once they get going there will be no need for drilling for the mineral they already have a mass abundance of it at their disposal. Lakes and lakes of cobalt rich tailings just sitting there ready to go.  I have 30,000 shares and

[dothemathpeople]

The Yukon facility is not even close to operating...not in the next few years anyhow, and thats just the work on the facility to bring it up to snuff...moving or displacing or shipping any tailings...cause thats whats sitting on their properties is waste rock (I know there are OLD assays of the tailings from past owners pronouncements, with selective sampling)...it's not even close to as

[SparticusJones]

They could always strike a deal with the mill up the road from them and Their Conisil claim is no more than 500 m from that mill ... The mill in NC is much better suited for specific separations. 

[dothemathpeople]

Did the Conisil do much back in the day?  I don't recall their relevance...certainly no where close to the Kerr?