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Bullboard - Stock Discussion Forum Sun Metals Corp. V.SUNM

Sun Metals Corp is an exploration stage company with its principal focus on the exploration of the Stardust Project located in British Columbia, Canada. The company operates in one operating segment namely mineral exploration in Canada.

TSXV:SUNM - Post Discussion

View:
Post by dacre on Oct 28, 2018 8:04am

Recap

So to recap SUNM facts...

- recent new discovery of 36.5 m (or 120 ft) grading 4.4 g gold/tonne,  84.6 g silver/ tonne and 3.89 % copper (no mistake in decimal place there!). If you haven't, check out core video...it's really something!

- represents the richest grades intersected to date in the 80 year exploration history of the property (and over 80,000 m) of drilling

- assays from second lower zone of massive sulphide still to be reported

- management is top notch with 8 board members or advisors having PhDs in geology and decades of international experience in the discovery and development of various deposits

- insiders hold about 35% of the stock

- mining house/management company (Oxygen Capital) has previously outlined significant deposits of explorecos. held before selling the companies for significant gains

- company is exploring in "elephant country" with several large deposits in vicinity; Serengeti nearby

- current program is fully financed; started up end August with 15,000 m of drilling planned, so lots of results forthcoming, and with that, opportunities for much speculation and sp advancement

Think that's it.  Enjoy your Sunday.
Comment by dacre on Oct 28, 2018 8:07am
Sorry, just wanted to include the Core video link... https://vimeo.com/296047506/95dc57cd41
Comment by TruthBKnown on Oct 29, 2018 10:02pm
  Thanks for consolidating this info.  Great for anyone coming to the board for dd.  
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