CYL 4.26% 98.0¢ catalyst metals limited

hahaha.... yeah right. The only good thing is perhaps the...

  1. 173 Posts.
    hahaha.... yeah right. The only good thing is perhaps the directors bought some shares, perhaps that will make some comfort to the shareholders. Also the price of moly has jump from $25 AUD in Jan to $35 current. I have bailed out at $0.175 so i am quite happy. To have that moly mine, the company got to somehow upgrade the moly grade from300ppm to 500ppm to make it econimical. I personally think thats impossible. Like i said, you do need a miracle to pull this one off. Good luck. hahaha..... by the way, exploration is only the 1st stage, when it comes to processing, if the grade are crap and if they (CYL) can lie their way out of it the result will hit hard. Many companies went bankrupt when it comes to processing stage. Better do some research pal.
 
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98.0¢
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98.0¢ $1.03 97.0¢ $613.1K 614.0K

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