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05/11/17
18:39
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Originally posted by Archieus
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Encouraging, are you farking pulling my leg? Its fantastic that's what. I don't think you realise how good it is. This mine has been open since Australia's inception in the late 1800's and the fact that they are out doing other- newer gold expedition companies (that struggle out in Perth) is amazing.
I don't know the exact name but the test pipe diamond drilling has made CTL more and more reliable. Because its less of a stab in the dark. Using the mountains systematic layers and geological history of the old and new found veins to better predict high quality targets.
The same way a share market investor uses data to analyse future predictions in a stock.
Which gets me to my main point, why the bloody hell isn't this moving?
They found the lode, got the equipment to boot. Yet no buying? I mean this would be the perfect time its dirt cheap for its current situation. Last time I checked they have money in the bank in case something breaks, they upgraded their fleet to better endure transporting the tonnage to the mill factory.
I think the problem is not enough publicity. Especially for an old mine, which can be a turn off to newbies.
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I agree, I think people just don't know about the company or its prospects.
We should achieve more free cash flow than our market cap times 2? Could be a 5-Disallowed in the coming 12-18 months.