Disseminated on behalf of CMX Gold & Silver Corp. (CSE: CXC) (OTC: CXXMF) and may include paid advertising.
- CMX Gold & Silver Corp., an exploration-stage company advancing the historic Clayton Silver Mine in Idaho, recognizes the current global dynamics regarding gold and silver pricing
- Although derivatives have enhanced liquidity in precious metals markets, they have also skewed pricing in the physical market
- CMX has adopted semi-annual financial reporting (“SAR”). This will help reduce the administrative and financial burden associated with quarterly reporting, allowing management to focus time and resources toward advancing the Clayton Silver Project
CMX (CSE: CXC) (OTC: CXXMF), an exploration-stage company advancing the historic Clayton Silver Mine in Idaho, recognizes the current global dynamics regarding the pricing and trading of precious metals, including silver, and is prepping itself for any uncertainties that may arise. This follows the recent dramatic price movements for silver, the result of the clash of the old plumbing of physical precious metals supply with the non-stop machine of perpetual futures.
The new increased access to derivatives has shown potential to enhance liquidity and significantly improve hedging opportunities for market participants but also creates downsides. Most importantly, it introduces the risk of heightened leverage and skewed prices. This can lead to more frequent price squeezes along with cascading market movements (https://nnw.fm/oNYlL).
These dynamics can be seen in the price of silver thus far in 2026. In January, it began trading at around $72.70 an ounce, jumping to $116 by the end of the month. Come spring, this precious metal saw continued intraday swings, with the price jumping between the $80s to the low $60s (https://nnw.fm/DTBT7). While these prices have been tied to the price of gold, derivatives have played a key role in these swings, obscuring the more important long-term value of silver investment.
CMX believes this enhances the importance of moving forward with developing a silver resource on its 100%-owned Clayton Silver Project, located in the Bayhorse Mining District of central Idaho. Comprising a focused 1,028-acre land package, including 29 patented mining claims and two patented mill sites, the property has the potential to address the long-term growing demand for silver, delivering significant value to CMX and its various stakeholders.
CMX announced that it will adopt semi-annual financial reporting (“SAR”) in place of quarterly reports, with the fiscal year ending December 31st. With this adjustment, CMX will reduce the administrative and financial burden associated with quarterly reporting. In addition, it will be consistent with the blanket order’s objective of providing reporting flexibility for venture issuers. With the time saved, management will be able to devote additional time and financial resources to advancing CMX’s Clayton Silver Project.
CMX will be exempt from filing first and third quarterly financial reports. CMX will file six-month interim financial reports within 60 days of June 30 and audited annual financial statements within 120 days of its year-end (https://nnw.fm/eNSBT).
For company information, visit the company’s website at www.CMXGoldandSilver.com.
NOTE TO INVESTORS: The latest news and updates relating to CXXMF are available in the company’s newsroom at https://nnw.fm/CXXMF
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