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Bullboard - Stock Discussion Forum Cornerstone Capital Resources Inc CTNXF

Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.

OTCPK:CTNXF - Post Discussion

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Post by RatPatrol on Jan 24, 2021 6:30pm

Prices

The upcoming and I think bankable PFS due out in a very few weeks will calculate values and other economic metrics which are materially different (higher) than earlier estimated.

1) Drilling has added reserves.

2) Prices of silver and gold are VERY much higher. Copper is about the same as used in the earlier PFS.

3) Mine plan has been optimized (which may or may not reduce capital as well as operating costs).

My guess is that CGP shares may be valued north of $10 each and .MAY be (hold your breath) as high as $15.

As they say in finance, "the worth of a thing is the price it will bring"'

We c....
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