Why the sell off?, page-3

Sweet, what you need to consider is that whilst the gold may have precipitated from solution at those depths, the rocks that are now on the surface were at that time buried by 10s km. Shear zones require ductile deformation. The company's tone and market reaction when the KQ deep St George results were announced, suggests disappointment. It the results were better than that, then CAI have missed an opportunity to articulate that well enough.

Yes they ave lots of out cropping shears, I would like to see them doing more reconnaissance drilling, just a few 1000m of shallow holes. The Liberator prospect for example, this anomaly has been shown on the map for over a year and they have mapped the porphyry zones, why didn't they sink a bunch of 50m recon holes back in March?

You say the gold price is the reason for the malaise, have you looked at the gold chart in AUD?

This company needs to prove up the paper rhetoric and get some decent metres reported from the "38km of shear outcrop". Until that happens the share price will drift lower as holders perceive failure or loose patience.