News released by Calidus was very good , traded briefly at 3.4...

News released by Calidus was very good , traded briefly at 3.4 cents after resource upgrade and has traded well over 5 cents  in the past when it had no where near as much going for it , yet the sp continues to be sold down , undervalued buying opportunity or holders are delusional ,
take your pick .

1.25 Moz resource at 1.83 g/t Au including 1.1Moz at 2.37g/t
Fully funded Pre-feasibility Study (PFS) commenced, completion due Q3 2019
exploration upside both adjacent to existing resources and in greenfields areas on 781 km2tenement package being targeted in 2019
Over 200 historic mines located on tenements
• Very limited previous exploration focused around the Klondyke workings
• Majority of package not covered by any soil sampling or drilling

WELLFUNDED
• Cash reserves of $3.9m
Alkane will take equity positions and potentially support development financing.
Alkane Resources mining and exploration company invested $ 3.7 million at 2.95 cents   late last year whilst adding more than
$ 556 000 ago in December 2018  .
• Investment in PactonGold (TSX: PAC) valued at $2.9m1
• 2.5c exercisable options to raise $2.2m due June 2019
TIGHTLY HELD SHARE REGISTER
Top 20 hold 70 %