Short Term Trading Week Starting: 21 Sep, page-40

CRL

$8M cap, $2M cash. $20M financing.

If you missed the big LCL run this could be a nice opportunity actually. Another South American gold play.

Has 2 really nice looking projects.

Santa Teresa Gold (south america) - Has $20M streaming facility. Existing JORC of 64K ozs @ 8.7g/t Au.


Barraba Copper Project (peel fault NSW) - average lodes of 2-6% to depth of 150m and strike of 300m.

The gold project looks a big chance to deliver high grade results and JORC increase.