"I'm researching RIV to determine how it went from 0.15 to its current listed price, and whether or not CCC is in place to do the same or similar. Will report when I can."
I'd say CCC has pretty high hopes for these Botswanan tenaments given theyve gone straight from a 20 hole REGIONAL exploration program to a 90 hole Inferred resource program Rj.
BUT once again, I hate getting my hopes up with drill programs as they more often end up with much less resource than what initial geological studies indicate.
Given the apparent(and Ive only done a visual comparison between Aquilas and CCC's tenament area's and current drill zones)Serowe will come in somewhere under "the neighbours",but this is only an assumption based on a constant seam depth.It could go very much one way or the other.AFR's Sese is a good example of it going the way of a thicker seam to the east.
Id say they will drill Serowe in a step-away program from the northern Aquila tenament boundary.But this will depend on just what kind of hole rate CCC will be wanting from the contractors.Can one assume they will want this program done ASAP!
Hopefully CCC will give us a little more detail on how they will approach this drill program and this might indicate where THEIR confidence lies in these tenaments.
d.
CCC Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held