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Followers
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4
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Posters
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0
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Posts (Total)
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124
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Created
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03/27/07
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Type
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Free
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The Play
CPP.V is a gold play that could potentially be the next ARU. ARU went from 34 cents to 34 $!! CPP.V has properties about 100 KM from ARU properties. In addition, CPP.V has properties just beside IAMGOLD one of the biggest gold producer in the world. We heard that a 4 million $ placement has been done for the company which should take off a lot of pressure on the PPS.
We think this stock could be worth 3-5$ ++.
Business Description
Coastport Capital Inc. (TSXV: CPP) is a Canadian based exploration company. The Company currently has two projects, both located in Ecuador: the Shyri gold/silver Project and the La Plata VMS Project.
Ecuador is considered an emerging exploration opportunity. The 1990's exploration boom seen throughout much of Latin America was not enjoyed by Ecuador. However, Ecuador's recently revised and now favourable mining laws, stable political environment and world-class mineral potential, as evidenced by recent discoveries such as IAMGOLD Corporation's Quimsacocha Deposit, and Aurelian Resources' Fruta Del Norte discovery, have changed that.
Share Structure
Shares Outstanding 23,236,383
Fully Diluted 29,432,369
The Shyri Project is just beside the IAMGOLD Quimsaocha Deposit
