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wealth_bakery
Apr 29, 2021 4:45 PM

CNX - High grade copper junior @ big discount to $5.50 financing Long

CALLINEX MINES INCTSXV

Description

- $42 mkt cap, 13M float. #copper
- They've been hitting high grade copper intercepts: 7.55m of 5.01% Copper Eq in 257m Vertical Step-out in most recent assays

- Closed 8.9M oversubscribed financing on Feb 25 significantly above current sp at $5.52.

- Most recent insider options were granted at $5

- The float is super tight at 13.14M shares and it could make a big move very quick, especially with copper prices hitting record highs.
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