STTCOMP CEL FA LONG Challenger gold Recent MRE upgrade to its Ecuador projects from 3.4 moz Aueq to 9.1 moz Aueq one of the largest undeveloped projects in S.A. Yes, its a very large low grade Porphyry system but this is an area that has many recent moves on T/O and new projects. CEL looking to shop this project as they want to concentrate on Argentina with its Hualian project ramping up towards production. Outright sale or farm in deals being investigated also TSX listing with some big Canadian interests close by. Soon to hit production of gold in Argentina with toll mining beginning soon so money will be rolling in and a sale in Ecuador cold be a major coup. Fair deal for 137 mill cap company should blow past 10cents soon.
