Morning everyone! Kicking off the day with some exciting info about CLLXF from the west coast. Building on the previous updates I’ve shared, here’s why I’m bullish on Callinex Mines. Let’s dive into the details!

Why Callinex (CLLXF)?

1. High-Grade Copper Deposits
   • Prime Location: Callinex Mines is situated in Canada, known for its stable, mining-friendly jurisdictions.
   • Rich History: The Flin Flon district, where Callinex operates, has produced 32 mines over the past century and is ripe for new developments.
   • Verified High-Grade Resource: An independent verification shows nearly 6 million tonnes of over 3% copper, along with gold, silver, and zinc.
     • Over 400 million lbs of copper equivalents.
     • The resource is over 5x the average grade of copper mined worldwide.
     • One of the largest initial resources in the history of the Flin Flon mining district.
   • Expansion Potential: The deposit is primed for expansion with promising recent discoveries.
   • Accessibility: Easy road access, clean hydroelectric power, and water onsite, just 20 minutes from a mining community with an idle mill.
2. Strong Structure
   • Insider Ownership: Management holds over 20% insider ownership, including the CEO, showing strong commitment.
   • No Debt: The company operates debt-free.
   • Institutional Support: Attracted over CAD$25 million from top-tier institutional investors like Mackenzie Investments, Resource Capital Funds, and Altius Minerals.
   • Tight Share Structure: Only 17.5 million shares outstanding.
   • Government Support: Received $1 million in grants from the provincial government for high-grade copper discoveries.
3. Experienced Team
   • Proven Track Record: The technical team has discovered over half of the mines in the Flin Flon district’s history, including three of the four largest mines.
   • Leadership Expertise: Includes senior leaders with roles in reputable mining companies, such as the founding CEO of Hudbay Minerals.
   • Award-Winning Discoveries: Numerous awards for discoveries, including an induction into the Canadian Mining Hall of Fame.

That’s all for now! Share your thoughts, comments, or any other tickers you’re watching below!