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Callinex Mines Inc V.CNX

Alternate Symbol(s):  CLLXF

Callinex Mines Inc. is a Canada-based company. The Company is advancing its portfolio of base and precious metals-rich deposits located in Canadian mining jurisdictions. The focus of the portfolio is the Rainbow and Alchemist deposits at its volcanogenic massive sulfide (VMS) Pine Bay Project located near existing infrastructure in the Flin Flon Mining District. Pine Bay hosts a high-grade copper, zinc gold and silver Rainbow deposit. The second asset in the portfolio is the Nash Creek Project located in the VMS-rich Bathurst Mining District of New Brunswick. The third asset, the 100% owned Point Leamington Deposit in Newfoundland, is located in the VMS and gold districts in Canada. It owns a 100% interest in the Gossan Gold Project and the Superjack Project. The Company’s other properties include the Sneath Lake property, Coles Creek property, Fox River property, Moak Lake property, Herblet Lake property, Headway property, Headway North claim and the Island Lake properties.


TSXV:CNX - Post by User

Comment by Goodtoreadthis1on Apr 24, 2024 1:30pm
51 Views
Post# 36005457

RE:RE:CU price to go parabolic

RE:RE:CU price to go parabolicOne of the common mistakes we all make is judging the investment thru the prism of the stock price. Great Bear - a red lake gold discoverer constantly piched only the content of the ore find and eventually the market caught on and bid the price up. That's what I expect to happen here, particularly given the handsome increases in the price of copper. 

Both Ivanhoe mines and CNX have, in my view, over corrected for the modest decrease in price per pound of copper.  
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