Personally I think CAI is in serious trouble to even consider this kind of deal. HAO does not have a good reputation and they even wrote they have dug up nuggets which cannot be proven. What about all this crap that Dave has been going around telling people we can get up to 130 koz per annum with blue spec. Everything is falling apart, even with stage 1 with 90 koz and AISC of 1290.
On the brighter note, we should be heading into a recession and wages should start falling and gold price will remained high. As for me, I'm holding onto these shares and praying for a miracle. Lets hope Dave can eventually turn things around. Being the largest share holder, he will be the biggest loser otherwise.
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Personally I think CAI is in serious trouble to even consider...
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