CAI 0.00% 11.5¢ calidus resources limited

OK so let's explore a bit. Deep drilling = high expectations but...

  1. 70 Posts.
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    OK so let's explore a bit.

    Deep drilling = high expectations but results announced were pretty unenthusiastic and perceived as a disappointment.

    Greenfield Exploration = lots of references since late last year of potential, not a single drill intercept reported yet. Should be dry clear on when drilling will happen and where. Market is disappointed. Where's the 20,000m of non-resource drilling????

    St George = earlier in the year this was a 4km target, now only 1km, market is disappointed. Why only 1km? Where's the explanation? Market assumes the worst.

    Resource Upgrade = Could be the saving grace, it had better be good!

    These are observations, there is nothing subjective about a declining share price.
 
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