Noted.
But when you're trading at cash backing, it's hard to lose a lot. If East Cadillac turns out to be a dud, CHN have more than enough coin to roll the dice on something else. Trading at cash backing minimises the potential loss and maximizes the potential gain. This is a great punt under 20 cents, IMO. If East Cadillac proves the goods, it could double very quickly.
Ann: Chalice expands drilling program at East Cadillac Gold, page-10
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