This looks interesting, the HC MC is stated at $29.82 mill @$0.024c, but that looks like the wrong number. listed at $17.2mill @0.024c in the latest presentation. Anyway, they have $4.5mill to spend on drilling and what looks like a highly prospective area to work with. I do love high grade, underexplored historical gold fields.
The first drill results have been outstanding, mineralisation in every hole in this 700m gap target, with the best hole of 27m @5.85g/t. All quite close to surface too. How many ounces do we think will be added from this section alone?
I've taken a small position and will watch the news flow carefully. Looks like they will move things along with speed which I like as well. Will run it next to my other recently listed explorer/developer EGA.
Runway for gold developers looks promising over next 2-3 years IMO.
This looks interesting, the HC MC is stated at $29.82 mill...
Add CAI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CAI (ASX) Chart |
Day chart unavailable