Gold Juniors

[Joshuatree]

forgot to mention CAS Crusader (i hold)
126 mill shares
mkt cap $27 million !!!!
Directors hold 15%
Reserve of 1.61 mill oz (1.18g/t)Gold . Total resource 2.43 mill oz @ 1.10g/t.
80,000 m drilled + Completed PFS Final feasibility in progress
Excellent infrastruture
Low cost low govt royalties @1%.
4500 sq km exploration area 100% owned
PLUS
Iron Ore now producing @ nameplate
Jorc ind 36 M/T @ 43.5% /FE
plus Lump high grade hematite > 64% /Fe
Licenced for 300,000 tones per annum
Awaiting for full mining license, pending.

Iron Ore buyers close by (smelters etc) with sales contracted to them, multiple sales contracts in place.

stripping ratio intial 0.15:1 moving to 0.21:1

[Daytr]

Thanks Joshuatree, its one I hadn't come across. They do look interesting. I like that Macquarie is backing them as well as they don't normally back mugs at an early stage.

[macduffy]

Not exactly all juniors but here's a view on possible takeover candidates in the sector.

http://www.thebull.com.au/premium/a/...der-watch.html

[Daytr]

I bot into CAS today, hopefully it regain some of its lustre. Has hardly moved compared to others, but seems like a pretty good story all the same.

Thanks Joshuatree, its one I hadn't come across. They do look interesting. I like that Macquarie is backing them as well as they don't normally back mugs at an early stage.

[Daytr]

Funny old day, gold higher yet most of my gold stocks are off a little. Must be some profit taking going on me thinks. I used the opportunity to sell some yesterday & bot back in today so the pattern suits me fine as long as we see the juniors rebound. Very mindful of the Syrian situation as its starting to put a premium into gold that wont be permanent.

[JBmurc]

Funny old day, gold higher yet most of my gold stocks are off a little. Must be some profit taking going on me thinks. I used the opportunity to sell some yesterday & bot back in today so the pattern suits me fine as long as we see the juniors rebound. Very mindful of the Syrian situation as its starting to put a premium into gold that wont be permanent.

I Heard on the Radio the US is stating they will strike within the next 48hrs

[Daytr]

Glad I took some money off the table late last week. Now looking for opportunities to reinvest. Sold out of GOR at 10.5c after picking up at 6.7c & then bought back in in the low 9s & sold out again at 10.5c. Looking to get back in again now, but need it to pullback. Its a great trading stock, but will definitely at some stage buy & hold this one.

[Daytr]

Back in GOR! Love this stock, good liquidity & it moves around with a great fundamental story!

[JBmurc]

Glad I took some money off the table late last week. Now looking for opportunities to reinvest. Sold out of GOR at 10.5c after picking up at 6.7c & then bought back in in the low 9s & sold out again at 10.5c. Looking to get back in again now, but need it to pullback. Its a great trading stock, but will definitely at some stage buy & hold this one.

Great work Daytr got greedy with my PGI trade brought a heap more @ 7.5c sold very few @ 9.8c(order wasn't filled) should have sold the lot anything above 9c now trading at 8c arrgg back at my average buy level