Hi guys,
Hope everyone is well...thought I'd drop by to ring this bagger bell its been quite a while but 4CE has made 140%+
Definitely a while since I've made a bag+ on a large holding. I'll ring one for @TheGladiator too
I haven't sold a share in 4CE yet as I feel it has much more in it. Technical consultant being engaged, geo sampling, geo mapping, further acquisitions plenty in the pipe and its asset is still trading 7% of what AVZ was this morning.
------------------------------------------------------------------------------------------
Now acquisition is done heres what I've found so far: Quite a few posters were saying they acquired nothing but land with no data or information..which implored me to do some research and after some deep digging and theres quite a bit on 4CE tenements:
Most have focused on the tenement along strike AVZ but there most have missed the fact of the one East of AVZ being a Cassiterite and Tin heavyweight. Like AVZ Cassiterite and Lithium exist hand in hand. Also the fact the company is looking for more tenements in the region
Some more stuff about the region:
Historic workings expect mineralization to follow the SW extension.
And its also the smallest player in the area so I think there is plenty of space to play catch ups:
Now some historical workings specific to the 4CE tenements after reading pages and pages this is what I've found from old newspapers and journals:
Initial workings began in 1912 -
Then 3years later in 1915 they began digging in the ground and it became a Cassiterite heavyweight in DRC -
7years on in 1922 one of the first geological maps were produced in the region and I've highlighted AVZ/4CE
Also in 1922 there was significant pegmatites found in 4CE tenements right next to the river banks which is where we are located -
Then after some deep digging today found a engineering journal confirming this tenement was also a producer -
As for the tenement South of AVZ:
AVZ themselves have mentioned also the pegmatite extends several 10's of kms South. Also some great finds by treasurehunter show Canadian miner Tantalex have found spodumene with tenements neighbouring 4CE. Tantalex have a JORC for their leases.
Tantalex leases are "47"and "48"
4CE is "T"
Thats all the main stuff on the acquisition I have for now, I think it makes for a great ST play, for my sake I hope it performs well lmao.
------------------------------------------------------------------------------------------------------
VEC another active tip just got record second highest volume and into new highs. Got a breakout alert on this one. Its another Brewer play except this time he owns 20% of the register so it could be likely he puts something better in here than he does for 4CE. Company announced "major acquisitions", and I know Brewer has few cobalt deals up his sleeve. They are currently diamond drilling aswell and I'm happy with the assets they have already. Anything else is a bonus here.
-------------------------------------------------------------------------
As for commodities:
Copper broke out into 2year highs,
Lithium ETF's and Index continues to move
Zinc aswell attacking 5year highs on the brink, I've been bullish on zinc spot for a while but its finally moving as expected. Smelter profitability in China is far too low to be creating any supply in the market.
Here's some wild scribbles from me couple months back mapping out the supply chain issue:
Gold wiggling away upwards 5%+ in last month
Cobalt has snoozed for now
Cheers
