CMD 0.00% 0.6¢ cassius mining limited

Re-read the announcement yesterday and note the following. •...

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    Re-read the announcement yesterday and note the following.

    • Further extensional and infill drilling programme underway to confirm the geological structure and grade continuity over potential 1.5km of strike.

    • Looking at figure 6 and noted the comment about re-entry “Selected RC holes, already drilled in Phase 1 in the far west of the Gbane area, may be re-entered with DD to deepen and determine the western down dip extension of the deeper mineralised alteration zone.” so wouldn’t results of this be due within weeks and not months.

    • In headline “SPECIFIC DIAMOND CORE DRILLING RESULTS” The highest-grade diamond intervals returned to date, in 6 out of the 10 holes drilled, intersected mineralisation. 2 of the 10 holes have assay results still pending (GDD 005 and 006), again wouldn’t you expect results in weeks and not months.

    CDVs Nandini strike is 1.3kms. GLF is understanding its own resource and in phase 1 has already identified a 1.5km strike. Don’t discount the fact that GLF has options on ground both sides of the Gbane project with the ground to the south adjoining CDV.

    At this stage CDV market cap of 220m and GLF is 34m, one of two things is that either CDV is way overvalued or GLF is way undervalued.
 
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