Wakey wakey Market4 Mar 2017 14:21
NO BRAINER------------
Investment 1 - Copper
Look at SOLG market cap
China Africa Resources plc (LON:CAF) the London Stock Exchange AIM listed natural resource exploration and development company is pleased to announce it has signed an Investment Agreement with Global Exploration Technologies (Pty) Ltd ("GET"), a private Australian company, to acquire a 48.88% shareholding in GET.
The GET Copper Project (the "Project") consists a portfolio of five exploration licences totalling 3,554.7 sq. km of prospective ground on the Kalahari Copper Belt ("KCB") in north-west Botswana. The KCB is a relatively underexplored emerging, sediment hosted stratiform, copper province with total reported Mineral Resources of over 5.5Mt contained copper metal and 170Moz silver within a 140km radius of the GET Project.
Through this investment the GET Project will become the third active player on the Botswanan KCM. Cupric Canyon Capital have completed a Feasibility Study and are currently looking to develop their Zone 5 Deposit (100.3Mt@1.95%Cu & 20g/t Ag). Whilst, in December 2016, MOD Resources Limited announced the results of a Scoping Study on their T3 Deposit for which a maiden Mineral Resource Estimate (28.36Mt @ 1.24%Cu and 15.7g/t Ag) was released in September 2016. The T3 Deposit was only discovered in March 2016.
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Investment 2
Lithium- Look at how well lithium stocks are doing.. Kod, BNR, Prem...
China Africa Resources plc (LON:CAF) the London Stock Exchange AIM listed natural resource exploration and development company is pleased to announce it has signed an Investment Agreement with US Lithium (Pty) Ltd ("USL"), a private Australian company, to acquire up to a 47.5% shareholding in USL.
The style of lithium pegmatite mineralisation being sought by USL is typified by that being mined at Talison Lithium's Greenbushes Mine in W. Australia (Mineral Resource 2012 Measured & Indicated 118.5Mt @ 2.4% Li) and ASX listed Birimian Ltd's Bougouni Lithium Project, in Mali, where a maiden Mineral Resource (15.5Mt @ 1.48% Li2O) for the Goulamina Deposit was recently announced.
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Management Team
- Read on David Linsley
- Read on Guy Le Bel
- Read on Frank McAllister
SIGNIFICANT COUP
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A stupid Market Cap of 2.15 million
@ 10p the market cap is only 7.8 million
@ 16p the market cap is only 12 million
Very low shares in issue
HUGE POTENTIAL
Change of name on the 22nd March, 12 working days until then, DL will let us know before then what the plans are..
Great entry price, reckon we will have a strong week