CJO 0.00% 13.0¢ cerro resources nl

Ann: Cerro del Gallo Gold/Silver Heap Leach Study, page-10

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  1. t2
    738 Posts.
    re: Ann: Cerro del Gallo Gold/Silver Heap Lea... This one is a sleeper.
    The study has been completed on very conservative AU and AG prices, and the price of both metals, particularly AG is continuing to climb.
    (AG is currently nearly 3 x that used in the study.)

    Admittedly this may turn out to be a spike but either way, the Company is not over promoting its potential revenue.

    While the market may take a while to catch on, this has got to be a good thing. I would rather a slow, steady climb, rather than a vertical spike up, then back down (cause I could be watching the footy and miss the sell opportunity).

    What do others think??
 
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