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11.5¢ calidus resources limited

you and the rest of West Perth. Don’t go near Beatons, alluvial...

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jezzathegeo

574 Posts.

139

24/09/24

23:13

Post #: 75821265
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Originally posted by Black Cat: ↑

Hey mate -when you say Uncle Garry no doubt Gary Morgan - never met him - I guess a hard man to do business with -sure hates the ASX regulators. The other Gary is my old mate Garry Mullan - partners before he picked up the Klondyke.

I never studied the Novo data in detail - so voluminous. Question now though do you or anyone on here know if any discreet mineable hard rock or alluvial in the overall CAI mix that might fall off the back of a truck or other small resources amenable to a tribute deal. Have about a dozen juniors out there with a bit of cash desperately needing a cash flow and with the gold price now its compelling. Normally juniors don't go down that route but they are now. Or I do it privately but getting a bit long in the tooth - I would need some young turks.
First thought wondering if any discreet tonnages of material left at Beatons Creek most of which will have a very high gravity gold content . (Presumably water available that supplied the plant -not reliant on that dam ?) I am presuming Creasy or whoever ends up with all or part of this shooting match are not going to make the fatal mistake again of trying to process Beatons Creek through the CIL plant. Hence might be some opportunities at Beatons Creek for a small scale gravity tribute deal. Must be a few practical ex- employees who have a handle on what ore may be left.
And then what else is out there or part of the CAI parcel.

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you and the rest of West Perth. Don’t go near Beatons, alluvial or otherwise. Hardest rock in Australia and the coarse stuff’s not where ya think it is. Been there done that.

CAI Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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