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$Junior Natural Resource Investments
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For fans of Colombian gold, take a look atMXR - Max Resources They have a huge property that has been surface mined for a long time for significant gold and platinum. Underneath the surface mining the artisanal miners hit conglomerates and stopped. So basically only the material above the conglomerates was mined, with very good results. But MXR is now looking at the very wide spread near surface conglomerates and finding that they also contain gold. The question is, how rich in gold and precious metals are the conglomerates? Some samples seem to indicate they could be very rich and if so the tonnage to be mined will be huge. Right now MXR has a very low market cap. and need to do its work. But the thing is, MXR could find the conglomerates have to little gold and so the share price will tank, and I could lose 90% of my investment. But if the results are as hoped and the gold grade is mineable, the share price could multiple by large amounts easily 10 or 20 times, or more. I own some shares, so do you own DD, it is early stages, but the current sampling program is looking positive, check the website presentation. Check this link for more: http://aheadoftheherd.com/Newsletter/2019/All-the-macro-factors-in-place.htm |
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Msg # | Subject | Author | Recs | Date Posted |
11053 | Re: For fans of Colombian gold, take a look at | Dave4444 | 1 | 2/5/2019 4:43:51 PM |