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6.25% 4.5¢ challenger gold limited

Ann: CEL Significantly Expands Tenement Position at Hualilan, page-16

  1. Ty Cat Mac
    2,092 Posts.
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    26/10/21
    11:42
    Post #: 57075341
    You have NFI
    They are funded to the end of the current +200,000m drilling program
    At the end of that they will have a JORC complaint resource (if not 2), at Hualilan & possibly one in El Guayabo & if they are not both at 10m oz I would be surprised
    Given that, the SP will be considerably higher & any CR will be eaten up by the market due to the size of the resources
    Or, given the size of the resource(s) they will be taken over my a major & it wont be your worry
    Get out now if you don't like it
    CEL Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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