We've known Max Porterfield of Callinex Mines for over seven years now and he has been kind enough to appear on this podcast page on multiple occasions. Max returns today to report some amazing updates and drill results as his company explores for copper, gold and silver in Manitoba. This, of course, comes at a time when copper is an increasing focus for all of us here at TFMR.
I've spoken with Max on many occasions and you can find all of the podcasts by searching his name on this site. For background, here's a link to our most recent conversation, recorded in September of 2021: https://www.tfmetalsreport.com/podcast/11087/special-podcast-max-porterf...
Since then, Callinex has been on a roll, especially this year where it's already up about 80% year-to-date. See below:
What makes this so interesting is that, over the past few months, Callinex has found some extremely high grade copper deposits. As you know, we've been all over the growing physical copper shortages with global stockpiles shrinking and Goldman Sachs mentioning a possible complete exhaustion by later this year. See this: https://www.mining.com/web/copper-industry-warns-of-looming-supply-gap-w...
So, in a world that is increasingly short of copper, new discoveries and new mines are of paramount importance. You might begin your due diligence on Callinex by researching the company under its ticker symbols of "CNX" in Canada and "CLLXF" in the U.S. You might also be sure to visit the company website. Once there, here are just a few of the pages you should be sure to review:
- https://callinex.ca/projects/
- https://callinex.ca/wp-content/uploads/2023/03/Callinex-Presentation_Exp...
- https://callinex.ca/wp-content/uploads/2023/03/Callinex_FS_R5HiRes-1-Apr...
- https://callinex.ca/callinex-commences-2023-exploration-campaign-at-the-...
As usual, you should not take my enthusiasm for this company and turn it into your enthusiasm. You must conduct all of your own research and then assess your risk tolerance and time horizon before considering any investment in anything. However, once you take a long look at what Callinex has going...and then pause to consider the supply/demand situation for copper going forward...you might come to the realization that this is a pretty cool story.
Many thanks to Max for providing us with this update. Have a great weekend, everyone!
TF
This video was conducted on behalf of Callinex Mines Inc, and was funded by Gold Standard Media LLC and/or affiliates. For our full disclaimer, please visit: https://portal.goldstandardir.com/disclaimer/CLLXF-1
