CRS 13.8% 2.5¢ caprice resources ltd

A New REE Province Emerging?, page-46

  1. 978 Posts.
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    Good question.

    I think this is why this stock is going unnoticed, even with such great potential.

    As far as I know, CRS received $337k (2nd Tranche of DEC 22 CR, correct me if I'm wrong) after the reporting quarterly announcement.

    So $686k + $337k= $1,023,000 as of July as far as I know.

    From the recent quarterly at the very bottom of page 4.

    https://hotcopper.com.au/data/attachments/5610/5610886-7d94cd20af8410067dc61679aacdc6f4.jpg

    So in at the time of reporting, they actually had over $1M but didn't announce an actual figure as it's not within the reporting period.

    I'm not sure if CRS have a CR lined up, or maybe the sale of the Island Gold Project (Next to recent take-over bids by MGX and RMS)?

    I do know though, The drilling program (soon to start) will be a modest program as said by Andrew Muir in a recent interview.

    CRS have systematically sampled prospective areas in the lower 30% of tenement E70/5939, so with that said, I believe CRS
    have good indications of where to drill.

    My opinion on the matter is that CRS are aiming for good drill results which will ultimately enable them to raise at a higher SP.



 
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