CAI 0.00% 11.5¢ calidus resources limited

Can CAI be a Take Over target??

  1. MG.
    4,383 Posts.
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    CAI has been in the dumps sp wise for months now. It has a massive ongoing drilling program and a decent reserve in Oz's and great grounds with superb potential.There is a lot of M&A in the lower end of the gold sector lately. I see a potential buyer offering a 6c Take Over for this and, knowing DR 's intent on building the mine rejecting any potential offer as well. Just thinking out aloud here. pls express your honest opinions. Unless gold becomes a safe haven I can't see a massive turn around in SP to 6c in the near future. You never can say for sure though things can change in the gold sector very quickly. I feel a far value for CAI right now is 5-6c minimum.
 
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