Bullboard - Stock Discussion Forum Core Assets Corp C.CC

Alternate Symbol(s): CCOOF

Core Assets Corp. is a Canada-based mineral exploration company focused on the acquisition and development of mineral projects in British Columbia, Canada. The Company holds 100% ownership in the Blue Property, which covers a land area of approximately 114,074 hectares (1,140 km2). The project lies within the Atlin Mining District, a gold mining camp located in the unceded territory of the Taku... see more

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Core Assets Corp > Metal prices increase

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Post by Gangsterme on Nov 30, 2022 6:21pm

Metal prices increase

Metal prices up nicely after hours as well. Copper up 4% silver up 5% and this just the start of increases should the e economy take off.

Think what this does to the economic value of this deposit. The cost of extraction and refining does not increase as fast as the selling price so the profit rises and rises quickly.

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Comment by Retiredgeo on Dec 01, 2022 6:56am

Most economists are still predicting a global recession in 2023. We have to wade through that before base metal prices will improve long term. In the meantime precious metals prices should now improve in a classic recessionary manner. That bodes well for CC as a future Silver producer.

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