Ann: Calidus to present at the Australian Gold Conference, page-8

@dbd25 Great thoughts.

Was looking at RXL only yesterday after you posted that stockh**d link. I agree its undervalued, I'd say ridiculously undervalued.

Big resource, good grade, more growth to come and an existing mine/plant already on site (although plant needs a decent refurb), and with most permits in place.

IMHO the main issue seems to be the 30% JV partner VMC, it looks like the JV parties dont get along that well. A loveless marriage it seems. If you add RXL and VMC together combined MC is about 100M, add a premium say 130M. I think at 130M this is an absolute bargain. Or could CAI buy out VMC's 30% first then angle in a takeover of the rest later? There are a lot of other projects/interests that VMC hold besides Youanmi, and these could be divested?