CAI 0.00% 11.5¢ calidus resources limited

Ann: Further High-Grade Drilling Results Across Warrawoona, page-17

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  1. 5,095 Posts.
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    Well many bought into Calidus Resources whether  last year or this year mainly in anticipation of the resource upgrade . Now according to announcements and social media , chances are it will be better than first anticipated .   Glad to have new investor involved , not only the funds but also the added expertise .
    All this while trading not to far off 52 week lows  ,  Calidus Resources was trading at around 5 cents earlier in the year .  No good news has been priced into stock price .   

    November 14 2018 - 12:00PM
    Alkane Resources chalks up a busy quarter to September 30

    Local News


    UNDERGROUND: Alkane Resources' latest quarterly activities report confirms that the development of an underground operation at Tomingley Gold Operations "has been approved and execution has commenced". Photo: File

    Alkane Resources is making money at Tomingley Gold Operations (TGO), getting involved with other exploration companies and continuing to search for financiers for the $1.3 billion Dubbo Project.
    Its quarterly activities report to September 30 reveals that TGO sold 6656 ounces of gold in the three-month period, generating revenue of $11.4 million.

    Work has begun on the development of underground mining at TGO where open-pit mining is set to wind up.
    The underground operation is expected to produce “first ore” in mid-2019 with processing set to resume later in the year.
 
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