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Wednesday, April 29, 2015

Immediately turn your attention to CRGP (Calissio Resources Group, Inc.).

CRGP is a mining company with a focus on the acquisition and development of base metal properties in Mexico that are currently in or near production.

CRGP’s current primary mineral assets are two wholly-owned mines located in Michoacán, Mexico known as the Jovita and San Pedro Mines.

Stretching across 250 hectares, or approximately 618 acres, the Jovita Mine is an operating copper mine that has received multiple upgrades to increase production to a current 200 tons per day.

CRGP expects to implement additional upgrades to increase capacity to an estimated 500 -1,000 tons per day and expand the mining claim to approximately 2,800 hectares in the future, as claim studies have concluded an estimated 70.8 million pounds of copper concentrate are present for every 250 hectares and has sufficient stock for the next 33 years. 

At an average price of $2.70 per pound, CRGP has the potential to generate over $191 million from the Jovita Mine.



Similar in production is the company’s San Pedro Mine, which also Received Upgrades to increase production from 120 tons per pound to 200 tons per pound.

After Additional UpgradesCRGP expects to have the claim running at maximum capacity of 1,400 tons per week or approximately 18,000 tons per quarter in the near future.

At this production, the San Pedro Mine has the potential to generate annual revenues of $4.4 million at present copper prices.

CRGP also recently announced that its Latest Acquisition, the Cobre El Desvan property, will increase production from 200 tons per day to 350 tons per day and has Initiated a Trenching Program to further analyze property samples.

Market Outlook:

After years of declining prices, copper may finally catch a break in 2015. Prices for the metal have tumbled 40% since 2011, tripped by slowing growth in China and a surging U.S. dollar.
But while investors agree that China’s double-digit economic growth is a thing of the past, some expect Beijing to take the edge off the slowdown through stimulus programs that would boost demand for copper, which is used extensively in manufacturing and construction. China is the world’s largest copper consumer, accounting for 40% of global copper purchases.
Copper prices may also receive some help from the U.S., where the Federal Reserve has muddied the case for a strong dollar by indicating it is in no hurry to raise interest rates. A weaker dollar is a boon for commodities like copper, which is priced in the U.S. currency and becomes less expensive for foreign buyers when the buck falls.
Copper on the Comex division of the New York Mercantile Exchange closed at $2.78 a pound today, up more than 13% from its Jan. 29 low of $2.45.
CRGP   has been beaten down to under 10-cent per share due to record lows in the price of copper, but t he facts are simple...

Unlike the majority of the mining companies we profile, CRGP's financials are quite impressive!

The company reported $1.9M in revenue and $1.02M in gross profit for the year-ending December 31, 2013.

The company reported $15.7M in revenue and $8.4M in gross profit for the year-ending December 31, 2014.

CRGP has seen a +726.32% increase in revenue and +731.68% in gross profit in the last year...

We expect that CRGP will report record-breaking results for its first quarter of 2015 in the very near future!

CRGP closed Tuesday's session at the price of $0.089 per share...

According to OTCMarkets.com, the company has a float of just 5.5M shares!

Wednesday’s new play CRGPWith 2014 Revenues exceeding 15.6M, assets topping 19M, and with record production in 4Q.

CGRP management has a planned focus on uplisting to a senior US exchange. 

CRGP is quickly becoming the talk of the small markets.

As we said last night, CRGP is a “higher class of company.” Take a look at the recent 2014 earnings news:


That is practically unheard of for a small market company… which is why CRGP is planning an uplisting to a “senior US exchange.”

The recent growth is phenomenal… but like all great companies, CRGP is not satisfied, they want to keep growing strong:

"We are extremely proud of our accomplishments for 2014, with earnings and production increases for 4 consecutive quarters in 2014, and a record year in terms of profits overall," said Adam Carter, the President & CEO of Calissio Resources Group. "Our strategy to stay focused on production, supply and exploration growth to expand our footprint in Mexico has positioned Calissio for continued success, despite lower commodity price levels.  Calissio is a low cost producer, with established long-term sales contracts in place, and that will continue to drive our expansion and profitability forward in 2015."

Let’s take a closer look at the numbers as CRGP is seeing its operations breakout out as we speak:

2014 revenues of over 15.69M
2014 reported total assets of over 19M
2014 gross profit and production both increased by more than 700% in one year.
Q3 2014 revenues topped 5.24M  
Q3 2014 gross profit was over 2.73M  

Of course, at this point the annual numbers are taken from a press release as the 10K has not been filed yet… once it is filed things could get crazy:

Today’s new play is

Calissio Resources Group (CRGP)

Website

CRGP FactSheet

Quote

CRGP Calissio Resources Group is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties. 

Recently CRGP has been focused on achieving full production capacity of its copper resource on its Jovita mining property and the acquisition of other properties. 

CRGP Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.

CRGP Calissio is also anticipating continued earnings and production increases in 2015, as a result of the significant exploration, development and facility expansion activities conducted in the last half of 2014.

CRGP is the “Real Deal”… just look at some of the numbers from their most recent Quarterly Report dating back to the period ended September 30, 2014:

 - The Company reported Total Assets of over 19M, up from just over 11.4M from the same period in 2013.
 - For the Quarter ended September 30, 2014, the Company reported Total Revenue of 5.24M, with a Gross Profit of 2.73M

Jovita Mine
The Jovita Mine encompasses a 250hectare mineral concession and production facility located in the Mexican state of Michoacán. Recent upgrades to Jovita have increased production to the current level of 200 tons per day (TPD).

Also, additional upgrades at the Jovita mine are near complete, to both the mill and the surrounding infrastructure. CRGP expects to increase throughput at Jovita beginning by early 2015, with an expected capacity of 500TPD.

CRGP Upon reaching their 500TPD projected capacity, the Company expects to generate Net Revenue of 23.2M per year.

The current mill operation allows for ore to be processed onsite into copper concentrate for shipment to foreign buyers.

There are currently plans for Calissio to engage further exploration of the Jovita property, and develop the copper resource estimate.

San Pedro Copper Mine
The San Pedro Mine is a copper mine, also in production, with a recently expanded mill on the property that is currently operating at of 120 Tons Per Day (TPD) with a capacity of 200TPD.

Due to recently completed and planned upgrades at San Pedro, CRGP estimates the capacity of the mill to reach 500TPD.

CRGP Company is currently engaged in an exploration program at San Pedro, which is expected to continue into early 2015.

El Desvan Cobre
In addition to San Pedro and Jovita, CRGP announced in August 2014, the acquisition of El Desvan Cobre. The Company reports the value of the acquisition at 7.9Mln Dlrs.

The Company is currently extracting high-grade ore from El Desvan Cobre and shipping it to the San Pedro Mine for processing.

In news released just weeks ago, CRGP announced the completion of property upgrades at its El Desvan Cobre property, and will begin to increase the Company’s existing ore extraction program.

The upgrades included improvements to a main access road, and the addition of two staging points, allowing for heavier equipment access to the mine and a reduction to the ongoing wear of the existing infrastructure on the property. 

CRGP will now increase its existing ore extraction program at El Desvan from 200TPD to 350TPD.

Market Growth
The outlook for copper is greatly focused on China. Copper consumption is expected to grow as a consequence of overall economic growth.

China has been a shining example of overall economic growth, growing at an annual rate of 9.9% between 1980 and 2010. Most forecasts do not show China slowing down anytime soon; China’s 2015 GDP growth has been forecast at 6.8%.

The Company has scheduled shipments of Copper to the Asian market, due to increased sales orders.

The chart also seems to be heating up as you can see from several Green indicators:

Short Term Indicators
7 Day Average Directional Indicator: Green
MACD: Very Bullish
Low Analysis: Bullish

Medium Term Indicators
50 Day Parabolic Time/Price: Green
MACD: Bullish
Fibonacci: Bullish
Low Analysis: Bullish

To Recap:

  • Bullish indicators
  • 15Mln Dlrs in Revenues
  • 700% Quarterly Increase in Gross Profit and Production
  • Total Assets of over 19Mln Dlrs
  • Three properties with massive revenue potential
  • A planned major Uplisting to a senior exchange

Now that’s about as impressive as it gets. Of course by the time CRGP achieves these goals it may not be at these levels any longer.

The Company seems to be a “Real Deal” mining play… and when we say “Real Deal” we mean it.

CRGP is not a pre-production, exploration phase, junior mining company. Calissio is already producing big numbers and intends to see more growth.

CGRP Currently @ .089 with enormous upside potential.


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