For what it’s worth have asked the question today whether they intend to progress the gold prospects. A smaller intercept at Core’s tenements recently added approximately 5 times our current total market capitalisation.
Copy of what was asked…is there any focus currently for the gold prospects across the tenements, especially with elevated gold prices above $2,700US an ounce? CXO following a 28RC hole drill program announced their best intercept of 2M at 12.9 g/t. The historical finds at Gordon appear very impressive including 5M at 7.15 g/t. Noted their respective share price moved approximately 15%, around $35M alone following the news.
The current market capitalisation doesn’t reflect the value of the tenements. The response from management needs to be swift and effective.
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