Ann: Quarterly Activities Report, page-33

Lets be honest the sp has performed terribly for quite some time and  now trading well under 12 months lows .
Everything  for over the past year   has been about the resource upgrade which is due this quarter.  Calidus Resources have been very confident throughout this time , confirmed by large investor in recent months . I cannot understand the continued selling pressure but at least holders will know the answer one way or the other this quarter if it has been worth the wait .