CXX 0.00% 6.6¢ cradle resources limited

Our time will come, but for now, becoming a miner is an...

  1. 974 Posts.
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    Our time will come, but for now, becoming a miner is an ambition. To me, one of the best resources projects most people have never heard about.
    Just for fun it's worth remembering something Cradle used to show in their presentation - Panda Hill being equivalent to a 15 Moz @ 2.6 g/t open-pittable gold deposit.
    Now I've dabbled in enough gold juniors to know that a 5 Moz deposit definitely puts you on the map and 15 Moz (with a completed DFS!) is off the scale for a minor and means you've hit the big time and the majors will be circling - in fact they'd have you in the bag a long time before you announce a 15 Moz resource estimate. Such a thing would not be overlooked by the market, plain and simple. If Panda Hill was a gold (or lithium - lol!) project with the same metrics in terms of NPV, IRR, capex and 30 year mine life, completed DFS and JV partner, this would easily be 10x current market cap already IMO. Instead, we have a unique project in a strategic metal.
 
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