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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@EpsteinResearch#copper#lithium#nickel Electric vehicles require more copper wiring than standard internal combustion engines. For example, the battery in an electric car contains about 38 kilograms of copper, 11 kilograms of cobalt and 11 kilograms of nickel, according to Glencore. Those materials, along with maganese, stand to benefit from more demand for electric cars, Glasenberg said.
@drezinho@Lukester599 Canyon would presumably be highly profitable if $EFR can develop a low-cost #copper product. "The Company is also making progress toward determining whether copper can be economically recovered at the Company’s White Mesa Mill. Through bench-scale testing, the Company has been able to place a significant percentage of the copper into solution. The Company is now determining whether the copper can be removed from solution and converted into a marketable copper product. If positive testing results continue, the Company also expects to include a copper resource estimate in the new NI 43-101 technical report in the 3rd Quarter of 2017."
@0Kib$NZC.AX Management has been buying this month at 20-22c. Would be surprised if this asset doesn't get acquired eventually. Such almost shovel ready high quality assets don't stay independent for long. #Copper#Cobalt
@0KibAt FD shares of ~91m, the USD EV for 100% of San Matias is ~ US$183m. #Copper resources in the ground are typically valued at US$ 3-4c/lb. That implies 4.5bn - 6.1bn lbs of CuEq is already baked in to the stock price. The latest presentation gives CuEq estimate of 1.5bn lbs (this assumes a 0.3% cutoff grade and 90% recoveries for Cu, which are not conservative). The question to ask yourself is this - Do the latest drill results get you closer to or above the 4.5-6.1bn lbs mark or not? i.e. 3-4x the current inferred estimate. It doesn't IMO, hence the selloff. That may still happen down the line, but it isn't now.
@MiningBookGuy@soulMiner RE: https://ceo.ca/mod.ax?e0f337d19b3f - great share for $MOD.AX$MTR.L!
@Dunite - make sure to take a look at the link. These highlights are somewhat new:
-Based on a predicted Copper price of $2.53 AUS the NPV of T3 is $180M AUS.
-Lots of assays still to come (11 holes) – TBC in PFS expected August 2017.
-Aim is for 25,000 tonnes per year production, to start mining mid 2018.
I believe the PFS is happening a bit sooner than expected, and production profile a bit higher than in the scoping study. To start mining mid 2018 is incredibly fast, considering the #discovery took place in 2015, just over a year ago.
Not a 'monster' yet, but looking like a nice, very economic deposit for a mid-tier in #Copper#BaseMetals to look at, and most importantly, still plenty of HUGE #exploration potential, which I think the market will recognize if they make another discovery (which is what I'm betting on).
@MiningBookGuyTip TV Mining: Expect first resource in Q1 2018 - Mundoro Capital https://www.youtube.com/watch?v=t9QjA5qhBBM+$MUN#copper#gold#exploration#Tethyan#TethyanBelt#Serbia#Bulgaria#JOGMEC#TipTV
This is an interesting new interview with Teo from London. I've been noticing more #TSXV companies promoting in the UK, and that's a good trend.
I think the interviewer spent a bit too much time talking about a resource, and advancing projects forward. They didn't have time for what's going on in #Bulgaria, and I think the headline is somewhat misleading, because Teo didn't specifically say that, and a #Zeleznik resource isn't the main value driver right now (so having it as a headline is kinda weird).
But with all that said, I think Teo did an excellent job answering questions and talking about all the things that makes $MUN 'different', and how everything is coming together after consolidating key land packages and preparing targets over the last 5 years. Good additional details on #TilvaRosh as well, which $MUN just started drilling again today.
@Excelsior#Korelin Economics Report - Weekend Show Sat. May 20, 2017
"On this week’s show we focus on the general makeup of the markets and the blend of politics and economics that investors need to consider these days. We again focus on the metals for the second hour and even get a couple ideas on where money is flowing and how to generate a return this summer."
>> Segment 1 & 2: A new guest kicks off this week’s show. Marc Chandler is the Founder of MarctoMarket.com and the Head of #Currency strategy at Brown Brothers Harriman. Over the first two segments we discuss how Marc blends #politics, #economics, and a view on society to mold his outlook for the markets.
> Segment 3: Chris Vermeunlen, The #Gold and #Oil Guy, shares his thoughts on a euphoric stage in the markets and if we have experienced it yet.
> Segment 4: An update on $MIN$EXMGF Excelsior Mining from the CEO and President Stephen Twyerould. We discuss the permitting for the Company’s Gunnison #Copper Project as well as review the economics behind this development story.
>> Segment 5 & 6: A newer guest to the show Christopher Aaron, Founder of iGold Advisor kicks off the second hour. In the first segment we discuss his big picture analysis in terms of #equities, and #currencies. In the second segment we look at the ratio between #senior and #junior companies
> Segment 7: The Junior Miner Junkie David Erfle shares his strategy of investing in #explorers, not majors, and following where the #majors are investing.
> Segment 8: To wrap up the show we have Joe Mazumdar from #ExplorationInsights. Joe outlines his and Brent’s play over the summer of finding the cash flowing #mining companies.
@EpsteinResearch@0kib, on $CDB, #copper#gold I'm not invested in the company, but I'm looking at it.... Why use 4c/lb. copper? Is that applicable to high-grade deposits like CDB's? 53.5M tonnes at 0.70% Cu and 0.37 g/t Au (0.95% CuEq or 1.41 g/t AuEq) And, 1/3 of the deposit is gold, suggesting more than 4c/lb.? A lot of Cu projects require huge cap-ex. $CDB has the potential to be a low capital intensity project b/c it's near surface (low strip) on flat land, at sea level, near power and roads.... At least, that's what I'm learning from researching the company... thoughts anyone? Thanks. #copper#gold
@0KibIt seems the stake of $SAU in the KingKing project is materially higher than 60% already (I reckon it's 75% for all practical purposes) and is on its way to 100% eventually at a predefined price. This implies an implied valuation of just .27c/lb of CuEq. That's ......ridiculously cheap. #Copper
@freeheelSome great intersects reported today from $ARS.L, they've really expanded the high grade #copper zones at surface and at depth in the recent announcements. Continuity of the mineralisation is just tremendous.
@trendspotter$CT$NGZ#gold#copper#lithium#Argentina Hey what happened here? I thought this was suppose to be passed 2 weeks ago? "Argentine authorities, industry players and unions are expected to sign this week a long awaited federal mining agreement that unifies existing legislation across the country, as part of an ongoing effort to jump-start investment in the sector." http://bit.ly/2qXdw9E