Drolet Stock Note: Cornerstone Capital Resources Inc. – Biggest Copper-Gold exploration project on the planet
Mario Drolet, President of MI3 Communications Financières Inc. (MI3), released his Stock Notes on Cornerstone Capital Resources Inc. (TSXV: CGP) for exclusive distribution on InvestorIntel. In this note, MI3 highlights the following points on Cornerstone Capital Resources Inc.:
- Cornerstone owns 21.5% interest (direct & indirect) in Cascabel Project with mineral resource estimate of 21.7 million ounces of gold, 9.9 million tonnes of copper and 92.2 million ounces of silver at the Alpala Project.
- Cascabel is a world class, Tier 1 asset that has been endorsed by BHP, Newcrest and Franco-Nevada.
- New 52 week high at $4.24 and Market Cap is only $131.5M.
- CGP is rebounding from 50 DMA, expectation of new highs.
- Support: S2; $3.65 S1; $3.95
- Resistance: R1; $4.10 R2; $4.24
About Cornerstone Capital Resources Inc.
Cornerstone has a diversified portfolio of gold, silver and copper projects in Ecuador and Chile, including a 15% interest in the exciting Cascabel copper-gold discovery in Ecuador financed through to a bankable feasibility study, and a joint venture with Ecuadorian state mining company ENAMI EP where it is exploring nine highly prospective concessions in the vicinity of Cascabel. The full extent of the potential geological endowment of Ecuador remains unknown due to under exploration. Cornerstone leverages its own exploration funding through joint venture and strategic partnerships, providing shareholders with potential for success at lower risk.
PLEASE DO YOUR DUE DILIGENCE
Disclaimer: This MI3 Technical Note produced by MI³ Communications Financières is neither an offer to sell, nor the solicitation of an offer to buy any of the securities discussed therein. The information contained is prepared by MI3, emanating from sources deemed to be reliable. MI3 Communications Financières makes no representations or warranties with respect to the accuracy, correctness or completeness of such information. MI³ Communications Financières accepts no liability whatsoever for any loss arising from the use of the information contained therein. Please take note that for compliance purposes, all directors, consultants or employees of MI3 Communications Financières are prohibited from trading the securities of the company and MI3 Communications Financières is a shareholder and do not intend to sell any shares during the distribution of this report.
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