- world class technical team is their #1 advantage
- tech team 2 PHD 2 Masters
- Including famous Rob Carpenter - discovered Coffee gold project - Kaminak - 5M oz - sold for $500M
- Assembled this land package
$CRVC PROPERTY
- 28,000 hectares of property = district scale
- Historical drill holes show existing gold = some as high as 500+g/t Au
- Main structural elements of the lang Lake belt are all covered by CRVC
$CRVC APPROACH 1/2
- Compiling all historical data from property = a lot to be learned + cost saving
- Using modern tech (LIDAR + magnetic surveys) previously not used at property = create more accurate drill targets = saving money = smart exploration
$CRVC APPROACH 2/2
- Rely heavily on technical team as they are the real leaders of this project as they compiled the portfolio and are now deploying their proven techniques
- Aiming to have drills turning Q3/Q4 after extensive technical exploration = perfect targets
$CRVC CAPITAL STRUCTURE
- July IPO
- 21M shares outstanding
- 25M fully diluted
- Aim to have under 40M out when they get impactful discovery
- The demand for stock should outweigh supply said CEO
$CRVC CASH
- on hand $700K
- $2M flow through coming
- looking for more price action to do next financing for major exploration deep into 2021
- easier to do big raises with people like Rob Carpenter on board = brings institutional investors
$CRVC RECENT FLOW THROUGH FINANCING
Mackie analyst wanted to be main broker financing (rare to have institutional investment for a company this tiny) = serious validation
$CRVC TIMING
- Macro gold market looking towards new ATH in 2021 as dollar is expected to soften even more as COVID impact and government aid continues.
- Explorers run with gold - producers donβt move the needle
IMO $CRVC is the next great #canadian gold mining company. I trust their outstanding technical team, they're diligent approach, and their cap structure. They already have institutional investors interested and I don't need any more reasons to be in. Do your DD!
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
- Dozen of other mines surrounding them
- 4 high grade zones (slide)
- Great extension work on these zones
- All zones are shallow - mineralization starts at surface down to 80m
- Assays coming in Jan
$SGO APPROACH
- Production to generate cash flow to further expand operations
- Insiders hold 21% of shares = highly motivated
- Looking to advance share price thru fundamentals
Investigated 20% of prospective mineralization = reasonable to assume million ounce resource π