CAI 0.00% 11.5¢ calidus resources limited

Exciting Year Ahead for Calidus, page-6

  1. 521 Posts.
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    Brokerage reports suggest upwards of 5.5 cents (no production), there is upside from the current price it's at and it's easily a certain of reaching 1 Million ounces and beyond. Judging by the way klondyke looks we could potentially be looking at a resource of 3.5 million, not the biggest fan of speculation but considering all the old workings on klondyke it looks to be the case. 3 million ounces minimum is the best speculative assessment case for a base case for production. So that brings us past 10 years mine life. Don't get me wrong I know it's stupid to Have an estimate/assumption such as this , this early on but considering the old workings have proof that gold exists and mineralization has been hit on every hole I think it'll be stupid not to suggest what the potential could be given the upside. Not trying to be overly positive because anything can happen but there is a lot of fact to support this theory.
 
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