Positive Value Investing Outlook for Viscount Mining Corp.
A New Equity Research Report Says that the Company’s Value Could Soar Five-Fold, Thanks to New Drilling Results Showing High Value Silver Ore in Colorado
VANCOUVER, BC / ACCESSWIRE / July 10, 2017 / CEOCFO Magazine, an independent investment publication that highlights important technologies and companies, today announced that one of the companies it has featured, Viscount Mining Corp (TSX-V: VML, OTCQB: VLMGF), is the subject of a new, very positive equity research report. According to analyst Alex Cutulenco, of Ubika Corporation, “the enterprise value of [Viscount] could increase to at least $50 million, about 5x today’s enterprise value.”
The reason for the positive outlook, the equity research report explains, is that Viscount has recently conducted test drillings on its Silver Cliff property in the historic Hardscrabble Silver District of Colorado that show high levels of silver ore. Viscount’s new drilling program confirms the results of tests in the 1980s when geologists found some of highest levels of silver ore ever measured in North American-and estimated that the area contained 40-50 million ounces of silver.
These new Silver Cliff results have also brought Viscount national attention as a “company to watch,” and have led the company to enter into a long-term extension on its previous access and mineral rights agreement for the Silver Cliff area.
Moreover, the company’s potential extends beyond just the Silver Cliff property. As Viscount CEO, Jim MacKenzie, explained in a recent interview with Stock-Sector, the company also has painstakingly acquired a valuable mining property in Nevada called Cherry Creek. Recent mapping and analysis shows promising gold and silver exploration targets on that property.
“It is gratifying that analysts are beginning to recognize that we have two valuable mining properties – and are well positioned to take advantage of the rising demand and prices for silver and gold,” says MacKenzie. As a project generator, Viscount will be looking for experienced partners to mine the properties once the exploration work is done as indicated in an interview with CEOCFO.
Contact:
Bud Wayne
Editorial Executive
CEOCFO Magazine
570-851-1745
budwayne@ceocfomagazine.com
SOURCE: CEOCFO Magazine
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