Major run today from CMY after a 240% increase in their Chakola resource. What many may not yet realise is that CMY could well be a standout in the alternative energy sector, along the lines of a mini Arafura.
The company has 50m tonnes of Rare Earth Elements (REE), has thorium anamolies with samples at 50ppm (50 g/t in gold terms), and this from the front page of the company's website
www.capitalmining.com.au
"Capital is poised to join the hunt for uranium in Central Australia and also has excellent prospects in its existing tenements for the highly-priced commodities beryllium (for nuclear reactor components) and zircon (ceramics)."
Might be one to watch for the upcoming thorium, beryllium and uranium boom even discounting their existing resource and alluvial gold production potential.
My family and I hold plenty of this one.
I can see this stock going to at least $2.00 over the medium term. Just look at its performance today alone to see where I'm coming from.
uranium thorium beryllium trifecta
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