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"At closing VBR will enter into a relationship agreement with Cornish Metals and its nominated adviser to ensure that the company can continue to operate independently."
Source:- https://www.vision-blue.com/news/vision-blue-resources-strategic-investment-in-cornish-metals/
Thank you for posting that Valuation-it-is. You can't believe how much activity there was when you see that. Let's hope we see good results from the PEA. Isn't it around now that it's released?
When funds become available I keep topping up. Let's hope it pays off for us all. Good luck with your investments.
Crocqman
I think you can congratulate yourself for paying about half the price Sir Mick and Vision Blue were prepared to pay a long time ago, when South Crofty was at a far less advanced stage of re-development.
Vii
Added some more here today. Now at 75% of my intended target.
Given the current bid/ask, I expect this buy will come up as a sell.
The last reported 'sells' at .8699 may well be buys too given my trade was at the same price, not that current volumes and trades are really worth paying attention too at the current very low levels.
gla
I think at this point we're going through. Itwould be nice to see some of the directors buying shares. It would make a lot of people investing feel more comfortable about putting their money in.
Thankyou Valuation-it-is, much appreciated.
Gingy
In the 2017 EA the mine life was estimated at 8 years. Since then a lot of exploratory drilling has taken place and the inferred and indicated numbers have risen significantly.
See page 18 of the Feb 2024 presentation.
https://cornishmetals.com/site/assets/files/4930/cornish_metals_-_corp_ppt_february_2024.pdf
You will also see the graphic possibility on the RHS of the page of firming up more resources.
Hopefully more drilling results will be with us soon.
Does anyone know the mining life? I've read it's 8 years. Is this right, it doesn't seem very long?
Hi Vii.
Have just checked & the CUSN note is still there dated 21 March. Cavendish don’t allow you to distribute it ( as they watermark it with subscribers personal details) but it’s simple to sign up to access their research notes. A great resource for all companies and well worth signing up
Hi valuation-it-is, just watched the link. All sound's good. All what I have read is very encouraging. Let's hope PEA is good. I keep topping up. Wrong not to at this price. I like the bonus of Cornish lithium.
Hi Pawgee. Do you have a link or a copy you could post? It seems to have vanished from the Cavendish website.
Starting 14.09
https://audioboom.com/posts/8477440-john-meyer-on-gold-copper-arc-atlantic-cornish-empire-sovereign
Hopefully we will have the PEA report in April and get a better understanding.
I don't think it's just the tin that's going to make this company profitable, it's all the other elements contained in the ground.
Cavendish have published a 30 page CUSN research note today titled Tin in 26. Log on to their website & download- Well worth a read
I've bought back in today having previously sold at a 50% loss due to need of funds for a house purchase.
This was always a long term hold but circumstances change.
Only at 50% of target weight for now
Now is the time to buy at this price. Don't look back in few months and say to yourself I could have bought these at 10 pence.
It says: "Buy while it's at the bottom sp"
Gingy, the SP has loads to fall yet. What plan?
The more I read about it, the more I like this company. The share price at the moment seems a bargain. Good times ahead if all goes to plan.
Do any of you fine folks know when we are due our next update? Thanks in advance.
Pawgee Thank you for your reply. That sounds interesting. Looking forward for news to come. If the PEA comes in better then expected hopefully we should see a nice push north. All the best mate.