CEL 0.00% 5.4¢ challenger gold limited

Ann: Outstanding Metallurgical Results at Hualilan Gold Project, page-31

  1. 5,328 Posts.
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    Last Qtrly said still had $19M in the bank, been running at about $12M a qtr in cost.

    Both drilling programs to be completed by the end of this qtr with all assays completed with in 60/90 days after that.

    They'll need some money for more drilling next financial year so if I was KK and the MRE was looking good, I'd be waiting till after its release.

    For what its worth - over the next few months, I'm expecting a modest increase in the lead up to the MRE, another modest increase in the interim before the announcement of the CR.


 
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