XAO 0.59% 8,703.1 all ordinaries

Short Term Trading Week Starting: 22 Oct, page-82

  1. 5,095 Posts.
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    CAI  Calidus Resources   , probably one to look out for especially at current sp .

    First CR around 4 cents and now just recently at 0.0295 

    Currently trading at 0.027


    Company has repeated to expect regular news

    Managing Director Dave Reeves seems to be very confident .


    Liking Dave Reeves’ reason for people to invest, “A lot of news flow is happening at the moment, with three rigs drilling and a resource upgrade due next year. We believe once we're over the million ounce mark we'll see a re-rating of the stock. We are doing an internal scoping study. It's showing really good results. By the time we get the prefeasibility study out to market, I think people will realize what a good deposit this is. That's such a very good reason to invest now.”

    Last edited by MajorJohnny: 25/10/18
 
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