CEL 1.82% 5.6¢ challenger gold limited

Henslow Research Report, page-2

  1. 2,082 Posts.
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    Henslow - the same guys who underwrote the 225m ESR options exercise in late June at 5c (never been anywhere near that price since), placed 100m+ of the exercised shares with Regal Funds Management who have since dumper around 40m of them at a loss??? That gives me confidence

    They talk about a CEL resource of around 2m oz. I suspect KK would be very disappointed in that estimate given what they have found to date & what is more than likely to be found over the remainder of the drilling program. I have said all along that I think the resource will be 10m+ oz & that's just Hualilan. Add a similar resource at EG & it blows anything suggested by Henslow out of the water

    75c is just the starting point IMO
 
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