Hubert Vallée on CME’s recent “spectacular” silica drill results
Hubert Vallée, President, CEO and Director Canadian Metals Inc. (CSE: CME) (“Canadian Metals”) in an interview with InvestorIntel Senior Editor, Jeff Wareham discuss Canadian Metals recent drill results at Langis, “a high-purity silica deposit”. Hubert states the drill results is “very good news” for Canadian Metals and that they have received “strong support from the Quebec government…which will move the project forward to the feasibility stage.” Canadian Metals is currently working on a permit for their quartz quarry, which they expect to receive in the “next few weeks”. Hubert also comments on the “critical importance” of silica in solar panels.
Jeff Wareham: I was just looking at your most recent press release of your drill results. If I am reading it correctly you got some pretty spectacular results.
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Hubert Vallée: Yes, we worked for almost a year to get this good news. It is a lot of work to get this very good news.
Jeff Wareham: Well, the resource industry grade is so important. Those grades struck me as being spectacular and having great economic potential. I also noticed that you have had pretty strong support from the government of Quebec. Can you talk to me about what the involvement of the Quebec government is now and moving forward?
Hubert Vallée: The government of Quebec for us is very important. They will put up to $2.1 million on the next financing state and the equivalent of 30% roughly. That is a good message to the market. We have strong support from the government to make the project moving forward up to the feasibility stage.
Jeff Wareham: Why should an investor be in this stock right now?…to access the complete interview, click here
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