CGT castlemaine goldfields limited

proposed $16.5m capital raise, page-37

  1. 20,826 Posts.
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    Alex
    Do me a favour and stop incorrectly suggesting what I am saying. I said from the start ( read my posts SLOWLY) that CGT have in my view been open about the risks
    CGT is the the only company I have ever read that gives you a grade range of over 5 grams per tonne.
    You keep referring to how I can't understand how a JORC is calculated but it seeme to me you can't understand that there is a JORC inferred resource no indicated reSource and infact a production range of 16- 38k oz. My point is gven the range in POTENTIAL grades the COMPANY provides,'why are most towards the upper end. My answer is to not guestimste this basically says gives is 16.5 million now but we may need another 10-15'million
    Alex - if you have not done so already read the foot notes. Read carefully what an inferred resource is, furthermore read carefully the comment of what mining dilution may do to actual recovered grades, read carefully how the mako load( the main asset) due to it's limited drilling is instelf not certain of being able to support a modern economic mind.
    As to your small cap lists, here are three of my core small cap holdings and associated entry prices. You are welcome to read my old posts as I generally post my entry price and quantity
    Dls - 48 cents
    COE 36 cents
    Bcc - 6.27 cents
    Cheers
 
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