CAS is divesting all its projects to focus on a 46Mt low grade gold resource in eastern Brazil. One was an iron project which has caused headaches because of the local buyer not making payments.
These high grade projects are in West Brazil and seem to be in the Amazon. But there are large established mines along the strike of the gold trend.
I learned this in about 5 mins of research. DYOR
MEI Price at posting:
1.3¢ Sentiment: Hold Disclosure: Not Held
