CAI 0.00% 11.5¢ calidus resources limited

Is this for real ??????

  1. 13,289 Posts.
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    I was going through the 16/08 company announcement......Spectacular intercept of 6m @ 63.31g/t Au @ Warrawoona and I could not believe the paragraph on page 2.....it states....Due to every hole intersecting ore grade mineralisation to-date and on review of the existing resource area, WE HAVE DECIDED TO INCREASE THE DRILL PROGRAM TO A TOTAL OF 12,600m TO MAXIMISE BOTH THE RESOURCE SIZE AND CATEGORY OF RESOURCE for the planned resource upgrade later this year......currently they drilled 23 RC drill holes for ONLY 2,216m.....so they decided to extend a further 10,000m of drilling !!!!!!!!!!!!!!!!!

    Now if that is not confidence and proof to what maybe is in the ground, I have no idea what will !!!!, remember this is how the ARV story all started on the 13/07 announcement, then the stock was trading at 5.8c and ran to 27c in 5 weeks with NOVO RESOURCES JV just days ago, remember their projects are not far from each other and my gut feeling tells me we are in for a massive re-rate of this stock, more announcements are expected by end of month from CAI, and I wonder what is next to be announced.

    This stock alerted me to keep a very close eye on this company, my feeling is it will not have a m/c of just $14m for too long, ARV is worth $77m......time will tell but suddenly CAI has become the darling of the gold stocks, ....A BIG STORY IN THE MAKING AHEAD.
 
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