CM1 0.00% 5.2¢ coolgardie minerals limited

IPO - Coolgardie Minerals Limited, page-4

  1. 3,010 Posts.
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    Thanks, Behavdip143. I'd missed that article in The West.

    Yes, CM1 looks most promising - both from its unusually handy position on the starting blocks, and for its outstanding exploration potential. As Birney observes:

    It is refreshing to see Coolgardie Minerals go to market with a BFS already tucked under its belt and a starter reserve that can be immediately toll treated to fund the ongoing exploration activities of the company.

    First Find and Endeavour are certainly juicy prospects, but I hadn't realised even Geko might hold a few surprises:

    Interestingly Coolgardie Minerals’ in-field team have noted that the historic workings at Geko appear to be on a different orientation to the veining observed in the more recent diamond holes.

    This suggests there may be an alternate mineralised orientation at Geko that is yet to be properly drill tested.


    This could indeed be a good one for the medium term, Behavdip.

    If not sooner.
 
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