re: Ann: Wilgar high grade results and possib... Mr Stoat Gobbler,
As you say , Cdu has some pretty big gold silver etc intercepts and is open north, south, east and west. The beauty of Wilgar is the minerals are from surface at shallow depths allowing for very cheap open cut extraction.
CDU has already purchased the plant for Wilgar so Cdu obviously thinks it a real goer.
With an extensive on going shallow drilling programme to define the boundaries of the mineralisation, it is way too early to be doing a guesstimate. CDU are close drilling so as to define a measured resource but as the area of resource increases so does the tonnage.
Cdu is endeavouring to locate the source of the terrific finds . In due course they will do some really deep drilling to see what is under there. Their geologists have been spot on in working out where to put those deep and costly holes.
It could be that Wilgar and the new find to the north join. They are not far apart .
The company has stated it will issue a statement with the measured resource . It will be clearly apparent then just how rich CDU is. The patient will get the real answer.
I note that you are another non shareholder who has recently appeared as a poster and I thank you for your continuing interest in CDU.
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