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6.6¢ castile resources ltd

Investment case for CST, page-229

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131 Posts.

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01/10/20

15:29

Post #: 47781049
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Originally posted by hoosh3: ↑

you're 100% right.

this project is not run by a co with junior mgt and couple mil cash..... 10years of drilling has gone into this, we already have a resource ready to be mined, the drilling program is merely to add to this substantial resource! and we have $17m to do it with.

do not confuse this with a bunch of speccy goldies that pop up during the gold rush!

Rover 1 will be mined, just a question of how profitable it will be! more depends on the long term gold price than drill results in a couple of weeks time. and as long as gold price remains above $2000+ AUD you're gonna make money here

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Do you believe $2k gold price is the threshold Hoosh? I was under the impression the highest AISC they may experience was around the $1300 mark, so if we add the copper, (and possibly iron oxide plus the other possible process they said they may do - can't recall name at moment), I thought this was a goer irrespective of any additional finds, which would all be gravy. The annual report advises they have already agreed upon layout of the site at Rover 1. Grateful for your view(s)

CST Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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Last 6.6¢		Change -0.002(2.94%)		Mkt cap ! $15.96M

Open	High	Low	Value	Volume
6.8¢	6.8¢	6.6¢	$1.717K	25.57K

Buyers (Bids)

No.	Vol.	Price($)
1	2355	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
7.0¢	17765	1

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No.	Vol.	Price($)
1	2355	0.066
1	45000	0.065
1	50000	0.061
1	50000	0.060
2	59069	0.059

Price($)	Vol.	No.
0.070	37765	3
0.072	179999	2
0.075	207566	2
0.080	2500	1
0.083	12000	2

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