Well many bought into Calidus Resources whether last year or...

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.