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18:01
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Originally posted by bastowmichael
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inferred doesn't mean its there, it means it might be there. indicated and reserves are the only ones that count when it comes to value, Some new retail speculators don't know that, hence the reason for the share price jumping 30 percent off its lows.
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thanks for your thorough and honest analysis. What in your opinion is the fair valuation for CAI at present then? and does the fact that the ore is open pitable and shallow and highly recoverable make us a tasty mine even with 2gt grades? cheers
(20min delay)
