STTCOMP CWX FA LONG
GOLD/Copper/Ni/zinc
Mktcap- 15.45mill
S/P-20.5
Cash-3mill+
S.O.I-75milll
FAR to cheap hasn't really kicked into gear yet for 2020 only a matter of time till a major rerate happens IMHO
what CWX has interest in>>>>>>
-$6 million Paterson farm in and joint venture with fortescue
-$6 million Paterson farm in and joint venture with Rio Tinto
-joint venture with IGO over the Red Bull, Bindii, Big Bullocks and Similkameen tenements (the Fraser Range Joint Venture). IGO are managing and operating the joint venture, they currently hold a 51% interest and can earn an additional 19% interest in the tenements by spending $5 million by the end of 2021
-HILL 800-Gold hits like 93m @ 3.22g/t, 31m @ 6.64g/t, 49m @ 2.54g/t, 43m @ 4.24g/t, 10m @ 5.66g/t At the Hill 800 Jamieson project. Extension drilling commencing Q4 2019
• New Porphyry copper-gold targets ~200m to 600m below surface Detailed heli-mag survey complete Drill testing expected in Q1 2020
• Rhyolite Creek – zinc, gold, copper 1.4m @ 15.6% Zn, 7.4g/t Au, 113g/t Ag from 223m (RCD001) Drill testing planned for Q2 2020
Just to name the main assets>>> now end of DEC CWX had 3mill in cash giving EV~$12.45mill !!!!
2Q20 CWX is investing $900k into exploration with low running costs of only $220k Wages+admin
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STTCOMP CWX FA LONG GOLD/Copper/Ni/zinc Mktcap- 15.45mill...
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