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Saturday, 11/04/2017 3:12:15 PM

Saturday, November 04, 2017 3:12:15 PM

Post# of 103
I'll remain long on Blue Moon Zinc (OTC-BMOOF) (TSX-V-MOON)

I find the Blue Moon story a compelling ground floor story to be in on and follow to production.

For a company with with a market cap.of less than $5 million the upside is exponential when one considers "MOON" is sitting on an updated 43-101 compliant zinc orebody with significant values of copper, silver and gold.

Blue Moon expects to deliver a maiden Preliminary Economic Assessment (PEA) in Q1 2018. The ore-body currently shows a mineral resource estimate of 3.7 million tons with a grade of 8.3% zinc equivalent including approximately 377 million lbs. of zinc in the indicated category and 4.1 million tons with a grade of 7.8% zinc equivalent including approximately 395 million lbs. of zinc in the inferred category including the significant credits of copper, silver and gold. The resource is open at depth and along strike. Historical metallurgical testing indicates excellent recovery and a clean zinc concentrate.

It is my expectation drilling will commence in the new year and will easily add to reserves with the ore-body open to the South and at depth. Extension of the West, Main, and Eastern zones remain untested. The potential exists to find an additional Blue Moon ore-body in the general area as polymetallic deposits are often found in pods or clusters.

As the timeline progresses I'm sure the play will come under the eye of more major companies with the ability to generate a buy out scenario.

While some patience is needed the market should clue in. Blue Moon is not an exploration play but a development play and it is my intent to add to my position as I am able. Stay tuned.