CPN 4.00% 7.2¢ caspin resources limited

Ann: Rare Earths Mineralisation Extended with up to 2.03% TREO, page-3

  1. 6,259 Posts.
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    not bad.. Ni and Cu results to come from green fields exploration, REE hard rock mineralisation increasing in grade along strike.. that at least provides hope.. Au results not surprising given the historical results were not that impressive but at least they threw a couple of holes at it.. the structural deep co funded hole once again, is a flop.. these co funded holes at least eliminate a target but gosh what a waste of valuable time..

    the Co is good at generating targets

    putting the feelers out for a strategic partner on REE is not bad imho.. they will have to give away interest for peanuts but it could take the sharp edge off cash burn..

    they cannot sustain travelling and exploring in one extremely remote place ( Mt Squires ) then somewhere else in another state, without at least making a discovery and increasing the value of the company

    at this rate, without a discovery CPN will have 1B shares on issue within 2 years

    GLTAH
 
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