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ASCENT RESOURCES: Gas flows mean cash flows to develop up to 15 wells


Keras Res Share Chat (KRS)



Share Price: 0.425Bid: 0.40Ask: 0.45Change: 0.00 (0.00%)No Movement on Keras Res
Spread: 0.05Spread as %: 12.50%Open: 0.425High: 0.425Low: 0.425Yesterday’s Close: 0.425


Share Discussion for Keras Res


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MisterPositive
Posts: 7,129
Off Topic
Opinion:Strong Buy
Price:0.425
Klondyke Results due
Sat 20:01
from RNS 17 Oct.....

"In addition, the first 2 Klondyke diamond holes have been dispatched for assay with the completion of submission of the remaining 5 diamond holes due in the next 4 weeks."

These are imminent.......could come in next week.
 
ChirpyCheep
Posts: 448
Off Topic
Opinion:No Opinion
Price:0.425
Mr Positive
Sat 17:45
Average grade is 2.2g, 2.1 at Klondyke, higher at satellites to give average of 2.2
MisterPositive
Posts: 7,129
Off Topic
Opinion:Strong Buy
Price:0.425
RE: Resource Update
Sat 13:23
applegarth,

Lovely post.

WOW....those are monster Grades......Awesome.

....."By consolidating the entire strike of the main zone of Klondyke, the Company is in the enviable position of being able to rapidly increase resources by in-fill drilling known mineralised areas that were previously not accessible to historic owners".

Warrawoona Greenstone belt is highly rich in mineralisation from what I have seen. Warrawoona deposit has now got even bigger Vs original size with the addition of tenements acquired from both Haoma Mining (100%) and Epminex (50%) with right to acquire remaining 50% also.

Dave Reeves seems to be really driving things at Calidus Resources (ASX: CAI) at break neck pace. I envisage CAI reporting over +1m oz Gold resource @ close to 5g/t or 6g/t average grade across the acreage which is Super High grade for Open pit mining operation.

Gold majors nearby will take notice for sure of the high Avg grades associated with Warrawoona. In my opinion it's not IF but WHEN they pounce with an offer before CAI share price starts to runs away.

I can also foresee CAI share price rising to minimum 10c to 12c a share on the back of a potential +200% increase in Gold resource Update soon from current 410,000 oz to circa +1m to 1.2m Gold oz.

I will register on HOT COPPER (Aus) to share similar thoughts with our Aussie friends.

Dave Reeves is coming to London next week. Cross marketing is healthy and sometimes essential to get the message across to a much wider audience so they understand the interaction between KRS and CAI.

MP
oilmagnet477
Posts: 6,483
Off Topic
Opinion:No Opinion
Price:0.425
No Twitter presence???
Sat 07:54
applegarth
Posts: 7,220
Observation
Opinion:No Opinion
Price:0.425
RE: Resource Update
Fri 21:08
https://www.investi.com.au/api/announcements/cai/ed006372-0f5.pdf

Drilling at Klondyke
Project History/ Historical Workings
The Warrawoona Project was first discovered and mined in 1897. There are over 200 known historic workings on the
Company£s tenements. All of these workings are small scale workings targeting the high grade (plus 1oz/t) mineralisation
that is prevalent through the area. Average mined grades for some of these workings include:

* Klondyke Queen 187g/t

*& Klondyke Boulder 40g/t

* Golden Gauntlet 50g/t

* Bow Bells 46g/t

* Great Western 52g/t

* St George 167g/t

* Cuban 106g/t

* Kopke£s Reward 90g/t

* British Exploration of Australia 184g/t

Various companies have held portions of the main Klondyke zone in a £chequerboard£ fashion over the years which has resulted in the current discontinuous resource at Klondyke. By consolidating the entire strike of the main zone of
Klondyke, the Company is in the enviable position of being able to rapidly increase resources by in-fill drilling known
mineralised areas that were previously not accessible to historic owners. In addition, it allows the Company to have a
global view of the entire Warrawoona Greenstone which allows a superior geological model to be built to assist in better targeting the large number of prospects that lie on the Company£s tenements.
Cluelessss
Posts: 906
Off Topic
Opinion:No Opinion
Price:0.425
RE: So...
Fri 20:49
Yeh likewise lots to come here. Perversley volume low as no twitter presence... yet . Staggers me just how much that drives volume.
MisterPositive
Posts: 7,129
Off Topic
Opinion:Strong Buy
Price:0.425
Resource Update
Fri 16:43
It says Q4 2017

Would expect this to come in before Christmas.

Brandon Hill Capital estimate was for 700,000 oz but that was before they found the strike extension and extended drilling by 5km to overall 15,600 metres from original 10,000km. That changes the equation quite significantly in our favour with our shares in CAI more than doubling & CAI share price getting a major boost at the same time.

Hence in my view CAI could top +1m oz resource.
MisterPositive
Posts: 7,129
Off Topic
Opinion:Strong Buy
Price:0.425
RE: So...
Fri 16:36
gmcc,

Nice post.

Still here. No change in excitement level. Not sold a single share. Been pre-occupied with other stuff.

Looking forward to the Pilbara Gold presentation next Thu.

Should start gaining some traction next week.

MP
Gizzard
Posts: 267
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.425
RE: So...
Fri 14:53
Still waiting patiently for next week's presentation.
Pinecone54
Posts: 34
Question
Opinion:Strong Buy
Price:0.425
RE: Questions for DR
Fri 12:48
When, not if, we are allocated the performance shares, what happens to the Calidus share price, anyone in the know?
As on the Hotcopper site, there is no mention of Keras in the short bursts of chat. It would be a shame if when it does happen we get some flak for being the major winners !

Just added today at 12 looking forward to the presentation results next week !

GLA




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