Hi All
what a very interesting day it was huge volume compared to normal someone dumped close to 20million @ .007 then the .007 wall went up with over 10million stacked. i was glad to see that smart investors quickly snapped up all the shares on offer @ .007 clearly a bargain in my eyes so if all goes well those who bought today will be laughing in 6-12months
good to see management are working hard to get the required permits to get the RC drill back drilling at our Itapitanga Project for more high‐grade nickel‐cobalt intercepts as you can see below taken from today's announcement
The drilling licence application to undertake further RC drilling in the Daniel’s Creek Fault zone and the surrounding wetlands and vegetated areas at Itapitanga is progressing well
The Exploration Target for the Itapitanga Nickel‐Cobalt Project currently stands at 35‐45Mt at 0.80% to 1.10% nickel, 0.07% to 0.12% cobalt and 18g/t to 30g/t scandium
so once we gain required permits and get the RC drill turning we should be in for a decent resource upgrade
I am still very confident we will get required permits for our much anticipated Salobo West Copper-Gold Project hopefully before the end of 2018
good to see CTM have got a Local environmental consultancy firm engaged to compile vegetation inventory at proposed drilling sites, with the survey expected to take 3‐4 weeks to complete.
so hopefully have updates & photos about this in coming weeks
PEBAS COPPER‐GOLD PROJECT
not far away from assay results expected by early November based on the CTM quarterly report
and i wouldn't be shocked if something came out of left field regarding our JAMBREIRO PROJECT
i really liked the last paragraph from the company's quarterly report see below
With this information, the Company is now further considering how best to realise value from the Jambreiro Project including a re‐analysis of the original process flowsheet and the associated capex and opex parameters to support new joint venture discussions.
Hard to believe that with all this huge potential we have a tiny market cap of around 16million if you believe in the company's future than you should be licking your lips with this amazing opportunity to accumulate at these current levels
Not financial advice
only invest what you can afford to lose
Best of luck Holders
CTM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held