CYL 3.50% $2.07 catalyst metals limited

Ann: High grade gold intercepts from Trident drilling program, page-27

  1. 1,243 Posts.
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    IMO, they aren't going to mine Trident soon, if ever. The low-hanging fruit is to augment Plutonic UG feed, using whatever easy-to-access open pit material is available, on the Marymia claims. Do that, building cash, until the Main Pit Pushback can be funded.

    Trident would be, IMO, expensive as a mother to open...and CYL is cash-strapped. And that's if Trident is EVER economic, given the mining issues discussed by Zuleika's chairperson.

    Trident was just a flashy press release, to placate the sheep.

    Last edited by PulpCutter: 10/09/23
 
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