CAI 0.00% 11.5¢ calidus resources limited

At the end of the day the market is a irrational beast. If we...

  1. 74 Posts.
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    At the end of the day the market is a irrational beast. If we head towards a recession expect our market cap to fall even more.

    The gold price itself has held up quite well in the face of rising bonds and Us dollar. If we see a further pullback in gold expect more pain in the share price.

    I do think mine life was the big limiting factor that held us back from a much higher rerate. We know there is more gold to be found but currently we just don't have the resource size to be attractive like CMM for example.
 
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