Collective Mining Ltd T.CNL

Collective Mining (TSX:CNL) -Unearthing a Polymetallic Giant

[Betteryear2]

2,978 Views Sep 12, 2024

Interview with Ari Sussman, Executive Chairman of Collective Mining Ltd.
Collective Mining (TSX:CNL) - Unearthing a Polymetallic Giant in Colombia's Mineral-Rich Landscape (youtube.com)

[Oilminerdeluxe]

Huge, huge desposits. Any thoughts on how much they could get per ounce once they sell? $75? $100? $150? $200?

[templetooth2]

Just for perspective, CNL is not exactly on the bargain counter. If you use 70 million fully-diluted shares (65 million currently outstanding) at Cdn$4.60 per, you get a marlet cap of Cdn$322 or US$238 million. Pick your own number, but if you speculate that CNL has 4 million ounces equiv. today, the market is valuing the company at a little under US$60 per ounce.

[Oilminerdeluxe]

Pretty sure they have a lot more than that. But that's me. If Trap hits the 700m step out too, that could dramatically chante the outlook , Of course, they need to confirm the ounces with the drills. The prospective area itself should be worth a bunch too. Simply too many targets not to have other deposits nearby. That new environmental law has me spooked though.Hope it won't be a pest.

[Nick1969]

This one will sell for $16 to $20 a share ..