https://money.tmx.com/en/quote/CCW
Highlights
“Highest grade silver to date at Robinson Zone: 89,853 g/t silver (2,621 ounces per ton). Vein is from hole CS-20-39 at a downhole depth of 557.5 –557.73 m(eters) with a true width of 5-7cm.
90 percent native silver in the coarse, metallic fraction, 894,813 g/t Ag (26,103 ounces per ton)
New vein. Grades exceed those from wedge hole CS-19-08W2 released (70,380 g/t silver (2,053 oz/T) over )”
“New high-grade silver vein in CS-20-39 with 5–7 cm true width, from the main .
Canada Silver Cobalt President , P.Geo. stated, “Bullion bar silver grade of 90% pure silver in the metallics was recovered from the drill core within 60 metres from the main vein on the Robinson Zone. This new vein system is being followed up with directional drilling (wedging) to define extent of the mineralized structure.”
Now, one needs to know if they they have an existing shaft/tunnel system and can use that access to create a lateral gallery to access, or if they will need to start a new shaft and have to go down through 1700 feet of Laurentian shield to get to the area of the core. (Expensive it new.)
(I think I Looked at this at one point. I think they were reworking existing cobalt tailings to extract cobalt. .)
Note that the current return on equity is -313%.
(Due Diligence! Good luck to all and do not go all south sea bubble or tulip craze bubble, unless you can afford to lose it!)
This was such an interesting book:
