CAI 0.00% 11.5¢ calidus resources limited

Ann: Quarterly Activities Report and Quarterly Cashflow Report, page-174

  1. 913 Posts.
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    You lost over one million dollars due to your own incompetence, buying at the exact wrong time, and probably as it may turn out, selling at the exact wrong time too.
    Word of advice, things very often go awry in the project ramp up, so the exuberance of pouring first gold can come unstuck when operational problems crop up. CAI demonstrated a particularly bad case of this, but its a good thing for traders to bear in mind as an explorer becomes a producer
 
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