Home > Boards > US OTC > Mining/Resources > CMC Metals Ltd. (CMCXF)

The Intro page on this company is sorely

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drox2000   Thursday, 10/13/16 11:30:54 AM
Re: None
Post # of 1187 
The Intro page on this company is sorely outdated. I suggest all current and potential investors check out the following reports to get you up to speed on where the company is in terms of it's business plan.


In summary, in the past year the company has consolidated it's shares 7:1, followed by a $1.5 million financing at 0.10/share in which 30% was subscribed for by insiders (primarily Michael Scholz, who I see as the driving force behind this deal, not Jack Bal).

In the past year, CMC has rehabilitated their Radcliff Mine in California, and passed all safety and regulatory inspections. The site is staffed and ready to start mining high grade stockpiled ore.

We are looking at 300,000 oz of gold, of which 84,000 oz will be mined immediately ($101,000,000 USD gross value @ $1,200 gold). Ore will be shipped to the Company's 100% owned Bishop Mill for processing.

Insiders are actively buying in the open market. The stock chart is very bullish (on the TSX Venture Exchange:CMB, where it's more active). Mining operations are about to launch.

We have a tiger by the tail here, folks. CMC Metals is about to take off. I see a lot of frustrated investors who have been waiting years for the show to get on the road... unfortunately that's a part of the game. For us new investors, we've arrived at a perfect time.

Actively loading up for myself.

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