Coastport Capital Inc fka CPP

[EricVan]

.<font color=platinum>CPP Report on Mineralstox.com

Update on Coastport Capital (CCP-TSX)

We started to follow Coastport Capital last fall for 3 reasons:

1. It has two great properties, The Shyri prospect (gold) and La Plata (high grade VMS base metals). La Plata already has a high grade grade and tonnage estimate.
2. Tight share structure – only 25 M out
3. Some top geologists have high hopes for these assets. Dr. Jeff Hedenquist is the top epithermal geologist in the world, and he thinks Shyri has great potential to be even larger than the neighbouring 3.5 M oz Quimsacocha deposit of Iamgold.
4. It’s in Ecuador, recently the hottest country for exploration with the success of Aurelian Resources (40 cents to $40 last year).

Shyri has world class potential, and is the main reason we follow the company. Our job is to find junior resource companies who have the ability to discover economic deposits and get bought out by a major mining company at a multiple of what we paid for the stock.

Coastport has a proven technical team – VP Exploration Robin Adair is a VMS expert from Falconbridge, for the La Plata, and Hedenquist is a consultant on the Shyri, Harvey Keats is a consultant to the company for both La Plata and Shyri.

And Coastport’s GAMA prospect at Shyri is attracting a lot of attention right now. It’s a very large anomaly, about twice the size of Quimsacocha. And the environmental permits are all in, with drill permits expected soon. The hope is, obviously, that GAMA will be an economic deposit even bigger than Quimsacocha. It’s at the same elevation, it’s got the same geology as Quimsacocha.

more here info here.. => http://www.goldeditor.com/articledisplay.php?id=1584