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Core Assets Drills Massive CRD in BCBob Moriarty For anyone who has been following geopolitics for the last month almost certainly understands we are on the verge of WW III. This is the most dangerous period in world history and all it would take to ignite nuclear missiles would be the actions of one stupid 2nd Lieutenant or some Navy Captain making a wrong decision. While you can’t live as if every day might be the last for the earth, you can at least take reasonable precautions in keeping your vehicles filled and stocking up on six months staples that you are going to eat anyway. Meanwhile back at the ranch, resource stocks are the cheapest they have ever been relative to gold and silver, commodities and the general stock market. This is a once in a lifetime opportunity to make your fortune for your retirement. I’m going to write about a company I own already and just put some more money into in a private placement but there are dozens of ultrahigh quality stocks selling literally for pennies. That is not going to last for much longer. Core Assets (CC-V) is a newly listed company only about three and a half years old. It owns 100% of a massive 1,140 square km project in most northern BC near the town of Atlin. It is interesting because there were hints of a large and valuable system as long ago as fifty years but was mostly ice covered. With the retreat of the ice cap, Zimtu Capital picked up the property and vended it into Core Assets in 2020. What makes the property most interesting is the early realization that they were sitting right on top of a mineral rich CRD or Carbonate Replacement Deposit. CRDs are often valued in the billions. They are never small. Like porphyry systems, they are giant in nature. They confuse ordinary investors because they contain metal values of silver, sometimes gold, copper, lead and zinc. Since it’s not simple to understand the value proposition, investors often skip over them and they grow into something like the Taylor Deposit in Southern Arizona that was sold for $1.8 billion. The company began a serious drill program in 2021 that drove the stock from $.065 to $.38 in about two months. Drilling has continued with excellent success with the shares reaching a high of $.88 in the spring of 2022. Since then the stock has dropped 84%. I am a student of financial history. I would like to point out that from its high in early September of 1929 to a low in July of 1932 the Dow only dropped 89%. But in the next year from 1932 to 1933 the Dow blasted higher by 150%. Core is going to do the same thing. The downside of giant projects is they require constant feeding of cash. Core just announced a $3 million private placement that Crescat is the lead investor in. I am also participating in the PP. Results have been spectacular for two years now. The only reason the price of Core is down is because everyone hates resource stocks right now. That’s when you want to buy, not sell. Core has a current market cap of about $11 million CAD and that is plumb stupid. They keep hitting and reporting great results. (Click on image to enlarge)
I have great respect for the technical team behind Core. They will be recognized for having discovered and advanced a giant silver/lead/zinc/copper deposit. Their presentation is far better than 90% of the documents I have seen lately. Read it. I have participated in several Core Assets private placements and bought shares in the open market. Core is an advertiser therefore I am biased. Do your own due diligence. Core Assets Corp ### Bob Moriarty 321gold Ltd |
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