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Co.'s Sampling Reveals High-Grade Copper Mineralization
Contributed Opinion

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Michael Ballanger Michael Ballanger of GGM Advisory Inc. shares current updates in the market, and one copper stock he is keeping his eye on.

USD Index futures are higher this morning with 10-yr. and 30-yr. yields lower as the economic news continues to demonstrate weakness.

Gold (+0.59%), silver (+0.56%), copper (+0.34%), and oil (+.38%) are all rallying very modestly, with stock futures bouncing as well.

Vortex Metals Inc. (VMSSF:OTCMKTS;VMS:TSX;DM8:FSE) reported this morning on sampling (10 samples) conducted during the visit by the geologist and QP who wrote the N1 43-101 report revealed copper-in-rock mineralization ranging from 0.40% to 6.54% copper (Cu) and up to 66ppm silver (Ag) from exposures known to host copper mineralization.

All samples but two exceeded the 1.39% Cu reported for the Rio 27 mine's run-of-mine grade. (The Rio 27 mine is next door to the Illapel Project.)

I continue to bid for VMS at CA$0.11 / US$0.08 in advance of a mid-July drill program.

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Important Disclosures:

  1. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vortex Metals Inc. 
  2. Michael Ballanger: I, or members of my immediate household or family, own securities of: Vortex Metals Inc. I determined which companies would be included in this article based on my research and understanding of the sector.
  3. Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found  below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy. 
  4.  This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

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Michael Ballanger Disclosures

This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.

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