CAI 0.00% 11.5¢ calidus resources limited

We need to keep our eyes on the prize!, page-12

  1. 5,095 Posts.
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    Sheesh the Market has a short memory it was only 2 weeks ago that the article in the The West Australian stated 



    Calidus Managing Director Dave Reeves said: “The ongoing multi-target drilling programmes at the Warrawoona gold project continue to be very successful … clearly showing that the project has considerable upside.”


    “The high-grade tenor of the St George Shear intercepts is very encouraging especially considering its location … only 150m north of the Klondyke deposit. With … 60% of this area to report and the tenor of grade increasing to the west, I look forward to reporting … further results and the results of an initial diamond drill programme … targeting resources beneath the potential open pit at Klondyke.”

    “… drilling is now complete with drill rigs now moving to complete geotechnical drilling and water bore drilling for the upcoming pre-feasibility study.”

    The company also plans to commence a soil geochemical sampling program across its Warrawoona tenements in the coming week that is aimed at extending a number of regional gold-in-soil anomalies previously identified.



    Meanwhile the market continues to sell the sp down  with news to be released in the near future .

    Recent Investor (Alkane 2.95c/share ($3,687,500 total consideration)

    would of been keen to invest before further updates as well as the Resource Upgrade to follow .



    Last edited by MajorJohnny: 22/11/18
 
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