CAI 0.00% 11.5¢ calidus resources limited

For the same reasons I have already stated, the MRE and Mining...

  1. 439 Posts.
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    For the same reasons I have already stated, the MRE and Mining Reserve published for the Haoma JV projects should be treated with extreme caution given the questionable data inputs and somewhat elaborate interpretation of the deposits.

    Just like Klondyke, the interpretation of linked and continuous mineralisation at the JV projects belies reality.

    Klondyke was always regarded as discreet, disconnected lodes presenting massive dilution challenges. Not to mention questionable metallurgy in the deeper fresh.

    Given the history of CAI competence (or lack there of) with the very basics of PFS and DFS disciplines, coupled with overly optimistic interpretation of the JV Projects using questionable QA/QC data inputs, I definitely don’t take to much confidence into any of their projections and guidance.
 
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