Post by
reddog11 on Jul 10, 2024 10:05pm
my thoughts (worth what you pay)
This last revenue stream for the month of June was excellent. $246,000. The same as a 5,500,000 share PP.
Whoever it was selling today at $.0337 US, thank you. I bought every time it was offered.
I sold two other junior gold explorers I own for losses to buy more CCMI (RIINF) us.
I will continue and sell other explorers I own to do so.
I have never been so convinced about an undervalued investment as I am with CCMI.
There was an investment report put out in March 2024 by "Couloir Capital" and they set a fair valur at $.19. Now we are producing a positive cash stream and that should reduce having to dilute much at all. (JMO).
We are being valued as a p-ss poor explorer and yet we have the following:
(1) - a past producing "Brownsfield" mine with a proven deposit,
(2) - existing ore pile (already mined) being sold with at least $6 million more coming in.
(3) - ore pile fines with another 4-5 million on site.
(4) -100 million in infrastructure in place with existing mill and 1000's of meters of mine tunnels ready.
(5) - 150,000,000 pounds of copper w/ addl gold and silver profitable at $2.75 CU.
(6) - 38% ownership of Thierry, a monster reserve. (being givem zero credit to SP).
(7) - experienced management. (its a tough job right now).
...all we need is an updated permit, a little PR and this will be pulling in twice our market cap each year.
I know I am preaching to the choir and sounding like a pumper, just shake my head.
Good Luck folks,
jmo
RD