If Castillo had much more cash in the bank then I think they'd be doing much more drilling to locate the mother lode and to fill out the resource. To date there are very few holes actually drilled so there is no clear 3D picture of the what the resource might look like and what overall tonnage might be expected as a verified resource. Still early days. As they do not have much cash at bank they are doing the best they can with the cash they have and trying to avoid a larger dilutive raising... and boy is the stock market not helping. At this point I chose to look on the optimistic side of management are trying to achieve in the short term in tough conditions. Things will accelerate if they can sell those tailings...
CCZ Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
