Crazy Horse Resources (TSX.V - CZH) Amazing BUY at these levels $0.75 (In my opinion!)

Crazy Horse Resources (TSX.V - CZH)

**JUST RAISED ANOTHER $10M+ (1)(2)

CZH has a MAJOR copper and gold exploration project in the Philippines and I believe over the long-term if they are able to continue proving their resource base and are successful at signing a major joint-venture partner similar to what Copper Mountain Mining (TSX: CUM) did with Mitsubishi, CZH has astronomical upside potential from its current undiscovered price of just $0.75.

At the end of the last quarter CZH had 49.36 million shares outstanding giving the company a market cap of $48.37 million and they had $12.26 million in cash and no debt!!

CZH is the 100% owner of the Taysan project, an advanced copper-gold porphyry deposit excellently located 100km south of Manila, Philippines. Taysan project offers a 24 year mine life, with total production anticipated to return payable 3.1 billion lbs of copper, 1.5 million oz of gold in addition to a non-NI43-101 production estimate of 7.4 million ounces of silver!

In Taysan's first four years of production, it is estimated to produce an average of 173 million lbs of copper and 79,000 oz of gold per year. CZH will obviously need a major joint venture partner to ever bring the project into production..

Based on the NI43-101 study, the initial capital costs to bring the project into production are expected to be $1.009 billion, with extremely low operating costs once in production of $0.99-$1.51 per pound of copper! The project has pertinent infrastructure, with the country's major port and industrial hub located just 20km away.

Anything under $1.00 is a HUGE STEAL in my opinion!!

Let me know what you think!!