SHARES ROCKETING: OPEN IMMEDIATELY!

Yesterday, I showed you how the de-escalation of the trade war could IGNITE one of the most incredible rebounds in resource stock history, with Callinex Mines (TSX-V: CNX & US: CLLXF), which has suffered a 94% DECLINE in price.

This has taken our team over 27 days to reach; under CAD$0.63, we see CNX shares being a BARGAIN.

Callinex just announced that its fully funded to implement a drilling program at both Nash Creek and Superjack projects. The Nash Creek and Superjack projects are the company’s flagship assets and represent its most advanced projects.

The markets have been WAITING for this precise moment. Things could get wild in the coming months!

Both of these projects are right at the heart of a jungle full of VMS deposits and a jurisdiction with a profound mining history.

I just got off the phone with Mr. Max Porterfield, the company’s President & CEO and he straight-out told me that a successful drilling program in Nash Creek can be a “Company Changer.”

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    A successful drill campaign could provide an opportunity to further enhance the current resource and economics of the Nash Creek and Superjack projects.

    Consider shares of Callinex Mines (TSX-V: CNX & US: CLLXF) now, at CAD$0.52, valuing the entire business at CAD$4.3M, a fraction of its 2016 valuation of CAD$60M.

    Earlier this year, Callinex identified 14 target areas, from its 156-line-kilometre district-scale induced polarization (IP) survey, that the Company will be drill-testing during this exploration campaign.

    Additionally, the Company will be testing three target areas that were identified from a review of a regional 2006 airborne VTEM geophysical survey and confirmed through additional ground work.

    Now, here’s the KEY FACT: In Flin Flon, adjacent to Hudbay’s 777 mine, Callinex Mines owns the Pine Bay Project. The 777 mine is part of a community consisting of 32 mines that have operated over the past 95 years.  

    The 777 mine is going to be depleted by 2022, so if HudBay doesn’t want to undergo reclamation costs that could be in the hundreds of millions, they MUST acquire a new deposit and get it up and running.

    Callinex Mines owns Pine Bay, which is IN THE IMMEDIATE VICINITY of the 777 mine and management is prioritizing it with a new exploration tactic that could yield something significant.  

    To top all of this off, Callinex’s Point Leamington Project has reported a historical Inferred mineral resource containing 577 million pounds of zinc, 484,000 ounces of gold, 7,755,000 ounces of silver and 130 million pounds of copper.

    I mean, this is nuts to add all of these up and get a CAD$4.3M market cap. In my view, the trade war that is now de-escalating is the main reason for this anomaly, which caused a 94% decline and we’ve got a narrow window of opportunity to capitalize on this.

    Consider shares of Callinex Mines (TSX-V: CNX & US: CLLXF) NOW!

    Best Regards,

    Tom Beck
    Research Partner, PortfolioWealthGlobal.com

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      Legal Notice:

      This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. Portfolio Wealth Global LLC has NOT been compensated by Callinex Mines for this email coverage. However, we are shareholders of the company, both through past private placements and open market purchases. We are long term shareholders and will not sell any shares within 3 months of any email coverage. An affiliate company, Wallace Hill LTD has received options from the company for consulting on marketing, Wallace Hill LTD has the same owner-members as Portfolio Wealth Global LLC.The historical resource estimate is contained a Technical Report dated July 4, 2013 titled “Technical Report and Resource Estimate on the Point Leamington Property, Newfoundland, Canada” prepared by Tetra Tech Inc. (“Tetra Tech”) for Raystar Capital Inc. The historical mineral resource estimate, termed “inferred mineral resource”, which is a category set out in CIM, was based on previous drill hole assays, and calculated using ordinary kriging to estimate gold grades in 10 x 10 x 10 foot blocks. Accordingly, Callinex considers this historical estimate reliable as well as relevant as it represents key targets for exploration work by Callinex.  Callinex has not done sufficient work to classify the historical estimate as a current mineral resource and Callinex is not treating this historical estimate as current mineral resources. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.

      Please read our full disclaimer at PortfolioWealthGlobal.com/disclaimer