CLA 7.14% 1.5¢ celsius resources limited.

Ann: Quarterly Activities Report, page-2

  1. 439 Posts.
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    I have read this. I am a interested somewhat, but not a holder. Really, I am not impressed with this quarterly. Marginal grade, remote location, obvious high costs and substantial political risk. I would want to see the drill numbers at Sagay before I blessed the MCB adventure. If - Sagay is poor, than so be it. But I look at MCB and I see a series of CR's and billions of shares eventually issued. I don't it is possible for them to get finance for MCB. That's the way it is. If MCB is all they have - then this will be a .5¢ share in two years. If Sagay exploration pans out to be a profitable project, and it will also be a difficult project politically. But I would prefer it over over a very low grade, low profit (if any) hard yakka.
 
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