Bob Moriarty of 321gold explains why he has his eye on this company.
just (BNCH:TSX.V; CYRTF:OTCQB)completed a $48 million financing. It will fund an increase in their 2020 drill program from 50,000 meters to 100,000 meters. In addition the company plans a 200,000-meter drill program for 2021. Wow. I’d say they are getting serious. Investors noticed, running the shares up 400% in the past two months.
I was talking about Benchmark 18 months ago when the shares were puttering along at $0.185. The shares are up 700% since then. The company does an excellent job of communication and the 100,000 meters of new drilling on the +20 km Lawyers gold/silver trend will generate results on a constant basis.
Their latest news release reported a surface sample of 61.3 g/t gold and 3,890 g/t Ag. That is $7,300 rock. There is a lot more of it up there. Benchmark keeps reporting excellent results and will for the next 18 months.
Look for the market to actually value Benchmark for what they obviously have in hand.
I have bought shares in the open market and participated in private placements with Benchmark. They are an advertiser so naturally I am biased. I highly encourage potential investor go through their excellent presentation. Do your own due diligence.
Benchmark Metals Inc
BNCH-V $1.48 (Aug 28, 2020)
CYRTF-OTCQB 120.9 million shares
Benchmark Metals website
Bob Moriarty founded 321gold.com, with his late wife, Barbara Moriarty, more than 16 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 832 missions in Vietnam. He holds 14 international aviation records.
1) Bob Moriarty: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: Benchmark Metals. Benchmark Metals is an advertiser on 321 Gold. I determined which companies would be included in this article based on my research and understanding of the sector.
2) The following companies mentioned are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
( Companies Mentioned: BNCH:TSX.V; CYRTF:OTCQB,
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