CAI 0.00% 11.5¢ calidus resources limited

Ann: Copenhagen Delivers Shallow, High-Grade Gold Mineralisation, page-8

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  1. 521 Posts.
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    just because a company says mineralisation is open doesn't mean it is there. They are assuming it is there but have not tested it yet. generally the mineralisation cuts off (grade decreases) as they go further and further and that means it is ending in mineralisation.


    The market isn't excited because gold is struggling atm as some of us know!

    The market will only get excited when the resources is increased to a feasible amount( enough affordability for a mill) and then the grades, metallurgy and strip ratios of the pits has to be in the mineable category. this is still at risk of not finding a feasible resource, that and the share structure needs attending too.

    basically your asking them to provide information they don't even know themselves, if you not happy with waiting and taking a chance then sell.
 
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