Banner Green
Banner Mining
Banner Pharma
Banner Tech

Benutzerbewertung: 0 / 5

0 von 5 - 0 Bewertungen
Vielen Dank für die Bewertung dieses Beitrags.

Chinese investors may view the CAD 8,888,888 that Callinex Mines Inc. (CSE:CNX) just raised in an oversubscribed placement as a sign of good fortune. But one can also simply read it as evidence for the strong investor demand and the new found interest in the Flin Flon copper VMS district on the Saskatchewan-Manitoba border. The recent Callinex discovery coincides with a ten-year high in the copper price. Sometimes the timing just works out!

With the fresh money, Callinex is planning, among other things, a 30,000-meter drilling campaign at its Pine Bay project in Manitoba to further explore the high-grade Rainbow copper, gold, silver and zinc discovery there. Callinex is even using two drill rigs in parallel. This should provide a lot of newsflow in the foreseeable future and, if successful, bring Flin Flon even more into the focus of investors.

Other owners of exploration licenses around Flin Flon have a good chance to benefit from Calinex’ activity. First and foremost Searchlight Resources (TSXV: SCLT; FRA: A2JRPS), which with a 300 square kilometers of license area around Flin Flon is one of the largest landowners of all. If Callinex is successful (which is what investors are betting on), this will almost inevitably spill over into the entire district. Ultimately it could be like in real estate: the value of one's property increases when a luxury resort is built across the street. Searchlight's Beatty South VMS copper project is just a few kilometers from Callinex Rainbow discovery. Searchlight will drill there itself in the near future. That should also draw some attention to Callinex’ small brother.

Searchlight Abbildung 4 Die Detailaufnahme von Beatty South

 

Risk notice: GOLDINVEST Consulting GmbH offers editors, agencies and companies the opportunity to publish commentaries, analyses and news on http://www.goldinvest.de. This content serves exclusively to inform the readers and does not represent any kind of call to action, neither explicitly nor implicitly, and is not to be understood as an assurance of any price development. Furthermore, it does not in any way replace individual expert investment advice and does not constitute an offer to sell the share(s) discussed or a solicitation to buy or sell securities. This is expressly not a financial analysis, but an advertising / journalistic text. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between GOLDINVEST Consulting GmbH and its readers or the users of its offerings, as our information only relates to the company and not to the reader's investment decision.

The purchase of securities involves high risks which can lead to the complete loss of the capital invested. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research. Nevertheless, any liability for financial losses or the guarantee of the topicality, correctness, adequacy and completeness of the articles offered here is expressly excluded.

In accordance with §34b WpHG and § 48f Abs. 5 BörseG (Austria) we would like to point out that GOLDINVEST Consulting GmbH and/or partners, principals or employees of GOLDINVEST Consulting GmbH hold shares in Searchlight Resources and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in the company at any time. Furthermore, a contractual relationship exists between Searchlight Resources and GOLDINVEST Consulting GmbH which involves GOLDINVEST Consulting GmbH reporting on Searchlight Resources. This is another clear conflict of interest.