Cornerstone Metals – World Class Mining Investor Joins The Team
Fresh off a $1.3 billion exit from Arizona Mining – prolific resource investor Tookie Angus is looking for his next big score. . .
As a little recap: Tookie Angus was the original owner of Arizona Mining’s Hermosa Project – before selling it and remaining a long-term investor.
In fact, Tookie has a strong knack for being involved in acquisitions – here are some examples:
He served as a Director of Canico Resources until its takeover by Brazil’s CVRD in 2005. . .
Director of Bema Gold until its takeover by Kinross Gold in 2007. . .
Director of Ventana Gold until its takeover by AUX Canada Acquisition in 2011. . .
And a Director of Plutonic Power until its merger with Magma Energy in 2011. . .
We recently interviewed Tookie on Palisade Radio to get his insight on the coming gold bull market and what companies are on his radar. Highlighted is another Palisade investment – Rover Metals (ROVR.V).
Thus, with his extensive experience and history – we are very excited with his appointment to the Advisory board of Cornerstone Metals (CVE:CCC, FRA: 1PY, OTCMKTS:CCCCF).
In our minds – not only does this validate Cornerstone as a great investment, but also expediates a coming acquisition.
Cornerstone’s CEO, Paul Cowley, specifically mentioned Tookie’s track record in takeovers as a major reason for bringing him aboard.
This makes Cornerstone Metals our top vanadium play – by far.
And here are some reasons why. . .
– Attractive future vanadium supply/demand fundamentals
– In a safe mining location
– Enormous high-quality asset
– Extremely cheap relative to intrinsic value
– Attractive Recovery Rates
– Quality Managerial Team
– And significant resource expansion upside
Cornerstone has an upcoming drill program in the fall. And is fast-tracking towards a Pre-feasibility Study (PFS) for 2019.
Ten million shares became free-trading yesterday and the stock is holding strong – a testament to their flagship project and the investor base it’s attracted.