44c-51.5c = next range to look out for, wouldn't surprise if we end up consolidating a little in this range once we hit it, unless we break 44c and descending resistance with some nice volume. Shares are still VERY cheap. I've seen company;s with bad rock chips higher EV than this. This will end up DSO or a feeder deposit for a nearby miner if it isn't a big deposit.
Anyone know what it;s costing CXO per tonne for DSO? Can;t be more then $300per tonne or so operating costs = $700 or so profit per tonne x however big or small Medcalf ends up.
Very nice forward looking statements in drilling results and quarterly.
We also seem to have found out a lot in 1 round of drilling as to the nature of the pegmatites etc.
My opinion. DYOR! Not financial advise.
CHR General Discussion, page-219
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