Core Assets Corp C.CC

Crescat 84

[Retiredgeo]

QH mentions CC in snapshot format at ~46:00.  At Silver Lime he his speculating 40 million tonnes of 700 g Ag equivalent/t. Crunch the numbers and that equals 28 billion g or 900 million oz Ag. 900 miilion oz Ag x $19 USD/oz Ag = 17 billion USD.  Assuming the stock eventually trades at 25% metal value that equals 4.25 billion USD. Assuming 200 million shares that equals an eventual share price of $21 USD/share.

At Leverdiere he his speculating 40 million tonnes of 2% Cu/t. Crunch the numbers and that equals 800,000 tonnes of Cu. 800,000 tonnes times $7500 USD/t = 6 billion USD. Assuming the stock eventually trades at 25% metal value that equals 1.5 billion USD. Assuming 200 million shares that equals an eventual share price of $7.50 USD/share.

Combine the two and we are talking a $28 USD stock eventually. Porphyries are not included.

At $0.52 CAD/share it is dirt cheap!

Crescat Gets Activist on Gold & Silver #84 - YouTube

[Gangsterme]

Like this, you are assuming adding 125million shares in order to finance the exploration and development as there are, I think, only 75 million shares now. Assuming they have great assay results coming in I would like to think that. They will be able to raise lots of capital shortly without too much dilution. Here is to hoping that the assay results will be fantastic.

[Lock12345]

I appreciate the number crunching here Retiredgeo and your ongoing speculation and enthusiasm of what this could become.  Now you have to take any of Quinton Hennigh's comments regarding CC or any other play he provides input with a lot of salt and multiply his numbers by a bull$hit factor of at least 50%.  He is heavily invested in CC so he will hype accordingly despite his geo

[Retiredgeo]

The Taylor deposit in Arizona, which is similar to the Blue property, sold a few years ago for 1.2 billion USD.  As soon as I heard about  CC's carbonate replacement deposit just sticking out of a mountain I was in and I will be staying in.  I understand your skepticism of analysts and promoters but I have found no flaw in QH's geology or reasoning.  The other two

[Lock12345]

Like I said, I appreciate your comments and measured approach to this.  Those three target prices sound good to me too... :-) If you were to post the same comments on CEO.CA a certain jimmy/bob character would call you a pumper and are wildly out of touch.  LOL... GLTY & GLTA Lock12345

[Retiredgeo]

I am a geologist by profession.  I buy my own stocks on the basis of geology (I do not have a broker).  If people, jimmy/bob included, have contrary geological opinions of the Blue property I would like to hear them.  People who bad mouth a stock without evidence go on ignore real fast!

[Gangsterme]

If you check Retiredgeo, he only posts re Core Assets and NFG, not like a pumper that posts on dozens of stocks and he  posts based upon info from both companies. In a video from Core it was mentioned that they hoped to have assay results from their first holes around the end of this month as they started drilling early in the west, however they then hope to receive further results in the