Canamex Resources Corp.

Canamex Resources Corp. is focused on its flagship gold exploration project: Bruner Gold project, in Nye County, Nevada. Canamex’s two largest shareholders are strategic investors Gold Resource Corporation (NYSE MKT:GORO) and Hecla Mining Company (NYSE:HL).

Expert Comments:

"Canamex Resources Corp. has a joint venture with Patriot Gold on Bruner in Nevada, with Canamex as the operator. Canamex has to spend $8M to earn a 70% stake and it is approaching that amount. The potential at Bruner is fantastic. Both Gold Resource and Hecla Mining have invested in Canamex directly to get exposure to Bruner and may be candidates to buy Bruner from Patriot and Canamex, or buy one or the other. [Patriot and Canamex recently released an initial resource estimate for Bruner.] It was a modest maiden resource estimate that will probably grow considerably over time. I've talked to a couple of geologists who have brought mines into production and they feel extremely confident that Bruner has the potential to be a mine. There's a lot more gold there to be found." read more >

Eric Muschinski, Gold Investment Letter (3/9/15)
"Back in the summer of 2012 I noticed the frenzied price action in Canamex Resources Corp. after it released drill results on the Bruner project in Nevada. . .a tiny Nevada company called Patriot Gold owned the property 100% and Canamex had to spend just under $7M to earn a 70% interest in the project. . .Bruner/Canamex has attracted two very large NYSE traded players as investors, in Gold Resource Corp. and Hecla Mining. With continued drilling success, which appears imminent, it would not be surprising to see one of these companies attempt to buy the project. What’s it worth? . . .we’ll have to see."

Jay Taylor, Gold, Energy & Tech Stocks (3/6/15)
"Canamex Resources Corp. is #8 on my list because it is my view that this company's Bruno project in Nevada is one of the most promising exploration stories that has yet to be recognized for its economic potential."

"Canamex Resources Corp. has its Bruner project, which has produced some of Nevada's best recent results in two years of drilling. Canamex got in two big, dividend-paying NYSE producers to make investments: Hecla Mining Co. and Gold Resource Corp. Canamex was just granted subsurface water rights for Bruner, which are essential for heap-leach operations. The company will soon publish its maiden resource estimate. . .and it could be a good candidate for rerating after it announces the initial NI 43-101." read more >

"I've visited Canamex Resources Corp.'s Bruner gold project. . .it is partially located on patented property, which could speed development. The project also has higher grades of gold and the resource is open to expansion. Also, unlike Columbus Gold Corp.'s Eastside, which is a virgin project, Bruner has a history of high-grade underground mining leading up to World War II." read more >

"Canamex Resources Corp. just announced a new gold zone at the Bruner gold project in Nevada. The company should be publishing its maiden resource estimate soon and I expect the valuation to go much higher once that is in hand." read more >

More Expert Comments

Experts Commenting on This Company

Jeb Handwerger, Author Gold Stock Trades
Louis James, Analyst – Casey Research
Eric Muschinski – Phenom Ventures LLC
Mike Niehuser, Analyst – Scarsdale Equities
Jay Taylor, Author Gold, Energy & Tech Stocks

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Canamex Resources Corp. Content