Gold Ventures 🟡
Gold Ventures 🟡

@TheLastDegree

9 Tweets Jan 07, 2023
Some context on why i like $CMB.v CMC metals here.
they have some of the most exciting land packages in what could be the next big Silver district in the world, combining 4 assets adjacent and close to Coeurs superhigh grade Silver-Lead -Zinc Silvertip mine.
more 👇
exploration 2022 is on Silver Hart (1 out of 4 they have in this district)
instead of chasing high grade veins, focus this summer is totally on larger
tonnage CRD targets = very large conductive bodies
not easy to find, but company makers
finding 1 and we are talking billions
CEO is Kevin Brewer, a no promo 100% geo which knows what he is doing.
Crescat moneys coming in is moving the needle now.
this interview is a good intro on this summers program:
youtube.com
what are their odds? well, all the signs for a CRD are present
let's look into the 2020 technical report on the MRI of Silver Hart
CRD expert Peter Megaw himself makes the case for a CRD here.
in the reports of the present superhigh grade 1st resource, the case for a bigger CRD is made multiple times.
at a current valuation of 24Mcap, with a superhigh grade (but small) first resource, and 7 top properties it's an underestimation to see no hopium or expectation value is currently priced in
the Silver Hart 2019 excellent results and resource provide a floor to the share price
but this is just the tip. of the iceberg.
Silverknife, to be drilled next = adjacent to Coeur Silver tip mine.
the CDE conference call today could make stuff more clear, coeur.com
but, it looks $CDE will plan a whopping 150.000m of drilling here next 3 years (!)
Coeur drill holes have approached now the eastern boundary of CMC metals at Silverknife, and have intersected one of the highest grade intervals so far, and one of the thickest as well.
these veins don't stop at a claim boundary....CMC drills Silverknife in 2023, patience.
on this map you can see both districts, Silvertip (next to Coeur, 2023 drilling) and Silverhart (2022 drilling)
on the second map, Silvertip district shows Silverknife, Amy and Rancheria South, the three possible company makers.
both Amy and Rancheria have historical resources
Amy is discovered as a small CRD, with a whopping 790g/t Silver grade, without follow up work.
to sum up, we have three to four CRD targets.
i am not aware of any other junior having this kind of assets.
as always, DYODD.
imo, CMC Metals is a strong buy here ahead of newsflow.

Loading suggestions...