Short Term Trading Week Starting: 12 July, page-10

CRL
Drill program should now be completed at the Santa Teresa gold project.
SP has been flat lately and is trading below last CR.
Santa Teresa is known for Bonanza grade gold and historic grades of up to 958 gpt.
So the market has not recognized the potential here, and IMO CRL is trading at a major discount given 3 new projects add in the last year on top of their high grade Springdale graphite project that catapulted the SP to over 15 cps.
CRL are currently trading at 1.8 / 1.9 cps.
MC 12 mil
SOI 691 mil
COH $3 mil
The potential that CRL offers at this point, is multiples of current SP ( IMO it will happen)

Projects
Santa Teresa - Bonanza grade Gold (historic)
Springdale - Graphite / Graphene
Barraba - High grade Copper (historic)
NT - Copper / Gold

DYOR