CAI 0.00% 11.5¢ calidus resources limited

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-332

  1. 630 Posts.
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    Being a long time watcher of CAI i missed out buying in the early days. However when the original AISC costs were announced i said ok looks pretty good. But what really made me hesitant was the grade also , not a big fan of MAQ. MOST operations wont survive unless grade is minimum
    about 2.5gpt and producing about 100,000 oz a year. FACTOR IN interest repayments running the plant and all other costs the grades just can't cut it. The only hero to the rescue will be the gold price over 2000 us.
    Maybe CAI will be lucky and pull through . Maybe in the future i will put some coin in but presently watching carefully.
    GLTAH.
 
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