C'mon Cman,
If anyone had any guarantee that grades on CFR leases were higher than NSL's or 60+ FE, do you really think CFR would be sitting around 30 million MC??
Put simply, their are ZERO guarantees that there is any FE on CFR's tenements...let alone at what %.
All CFR holders are taking a punt (an educated one at best) available on what information they/we have gleaned from the surrounding areas and tenements/mining operatings.
If you are looking for guarantees Cman, my best advice is to look at some Fixed Interest deposits at your local bank.
Not being rude....just pointing out the stark realities involved with dealing/buying a speccy like CFR.
And what does 'no guarantees' offer CFR holders?
Well, maybe, just maybe, 100%+ ROI this month....rather than your guaranteed fixed interest of 6.75% p.a.
Cheers.
K-Man
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