No doubt the stock price has been disappointing , Calidus Resources also shared this opinion in previous correspondence I have made with them , but they also are very confident about this year .
It has since started exploration drilling to locate additional resources in the broader project area, which is largely untouched by modern exploration despite a long history of high-grade gold discoveries in the region.

“Calidus plans to infill these shallow results to establish a picture of continuous surface mineralisation.”

“With regional exploration drilling continuing, IP surveys commencing and planned trenching and infill drilling of the existing resource to commence shortly, we are moving quickly to grow the 1.25Moz Resource at Warrawoona.”

You would also say Alkane Resources shares this opinion with investment of over $ 4 million dollars now since last purchase ( 2.95 cents ) in December 2018 , its not just the $$$ , its the expertise they bring .

Russell Lamming, Keras CEO, commented, “The confirmation of wide outcropping gold mineralisation at the Klondyke Shear Prospect in the heart of Calidus’ Warrawoona Project is extremely positive and serves to strengthen the substantial economic upside of this already highly prospective asset. With Calidus’ aggressive development timeline rapidly progressing to pre-feasibility study we are looking forward to more positive news to further consolidate the project’s significant value and grow the 1.25 million oz gold resource at Warrawoona.”
https://www.globalminingreview.com/mining/11042019/calidus-confirms-outcropping-gold-mineralisation-in-the-centre-of-125-million-oz-gold-resource/

Another recent Article below from a few days ago where Calidus Resources is mentioned .

Novo considers options for East Pilbara gold assets

Near Marble Bar, Novo holds the Talga Talga gold deposit, which occurs in quartz veins hosted by the same geological rock sequence as Calidus Resources’ 1.25 million ounce Warrawoona gold project, 35km to the south.

Recent surface rock chip sampling at Talga Talga unearthed numerous encouraging assay results above an ounce to the tonne gold, showing there’s a lot more exploratory work to be completed here.

“Novo remains committed to our goal of rapidly developing our gold projects and we are very excited at the prospect of returning Pilbara’s gold-bearing conglomerates to production for the first time in almost 100 years”.
https://thewest.com.au/business/public-companies/novo-considers-options-for-east-pilbara-gold-assets-c-66822

These comments also bode well for Calidus Resources due to deal made with Pacton Gold last year .

Calidus Resources signed a definitive agreement with TSX-listed Pacton Gold Inc, for disposal of the company’s non-core conglomerate gold rights over certain tenements at the Warrawoona gold project in the eastern Pilbara region of WA.

The company will now be awarded 7 million ordinary shares in Pacton and may be entitled to the issue of up to 3 million additional shares in Pacton 12 months after the date of execution of the agreement, pending the performance of Pacton’s share price.

The deal over the conglomerate ground at Warrawoona looks like a very prudent one for Calidus.

There is very little down side for Calidus and potentially lots of upside if the various theories about gold nugget riches being transported around in sedimentary sands amongst the hard rocks in the Pilbara checks out.

If Pacton get onto something it will be a bonus and if it doesn’t then Calidus still has a bunch of free shares in the TSX-V listed company, whilst retaining full ownership of its flagship gold play that is only likely to get bigger over time at Warrawoona.

https://thewest.com.au/business/public-companies/calidus-formalises-conglomerate-gold-deal-with-pacton-ng-b88999564z

News released from Pacton Gold last month ,

Pacton also told investors today that Johnathon Campbell, a highly-regarded Pilbara prospector, will carry out a prospecting program and logistics review across Tardarinna and the firm's other West Pilbara tenements to accelerate exploration progress.

The company is focused on the exploration and development of high-grade gold properties located in the district-scale Pilbara gold rush in Western Australia and the famous Red Lake district in Ontario, Canada.
https://www.*.co.uk/companies/news/217230/pacton-gold-inc-looking-for-high-grade-gold-at-tardarinna-as-it-kicks-off-field-work-217230.html

Reward outweighs risk imo trading at close to 52 week lows .