The potential scale and high grade mineral endowment of the Lorraine mine and surrounds is becoming apparent.
As great as that is, one unappreciated aspect that really has me aghast is that there are already some enormously valuable and beneficial site improvements already in place that will fast track further exploration and ultimately production.
The system and shafts and drives, provided they are in refurbish able condition gives the project a multi million dollar head start.
Add in the drill and geophysics data to date along with consideration of the old adage 'the best place to find gold is next to where someone has already found it' and I'm thinking CML are a + ten bagger waiting for a spark to light the dynamite.
It will be a tough day today for goldies but three weeks / months from now I doubt we will care.
DYOR.
CML Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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