Inomin, a greatly under valued hidden gem with 4 advanced gold and nickel projects. With only 28.5 million shares out.
in 2020 they announced the acquisition of the La Gitana and Pena Blanca gold-silver properties in Mexico. During 2004-2006, Chesapeake Gold conducted exploration at La Gitana including surface mapping, sampling, IP-resistivity geophysics, as well as core drilling. Drilling of 38 holes defined a gold-silver mineralized zone measuring 500 metres long, 300 metres wide and 50 to 300 metres deep. The discovery hole at La Gitana ran 133.5 meters of 1.78 g/t gold and 100.7 g/t silver. Pena Blanca was also a Chesapeake project but not advanced as far.
Inomin has an advanced stage project that will most likely be a discovery and mine and the stock price is giving pretty much no value. The acquisition was just finalized in March of this year and timing looks right to get into the stock. This recent news on financing is what I think is the right timing along with a bottom in the gold stocks. Just starting the next rally. They have also started drilling their nickel project in BC.
Highlights
Highly experienced management team with seniors/juniors along with numerous discoveries;
Tight share structure with low number of shares outstanding;
Strong exploration potential for nickel and gold;
Drill results from their Beaver nickel project in BC is a near term catalyst;
La Gitana, Mexico, a significant gold-silver discovery, wide open to expansion;
Massive outcrop at Pena Blanca, Mexico points to possible large discovery;
Inomin has strong potential to prove up three separate deposits;
Very low valuation at C$3.0 million;