Whilst CAH has had a recent presentation & also recent good drilling results, I don't believe it is good value relative to many of the other Australian Junior Golds.
Just remember the grade is only 1.2gm/t & from memory this mine has had problems in the past (water?).
IGR as an open pit higher grade project is a good benchmark for comparison. By the way I don't own IGR but I do use it as a good benchmark for Junior Australian Golds. Whilst IGR has far higher Market cap, its grades are far superior. In the cheap end AAM or SLR are also good for comparison.
Good luck to holders while it is running, but remember we are trying to buy excellent value for our limited dollars. Why own an old horse that has been around the track without much success, when we have the chance to own a young 2 year old colt that is ticking all the boxes in its trackwork, i.e. IGR etc
Regards
Buffett
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