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Central Iron Ore Ltd V.CIO

Alternate Symbol(s):  CIORF

Central Iron Ore Limited is an Australia-based exploration and development company, which is engaged in the search for gold in Australia. The Company is mainly focused on exploration in the Darlot Region of Western Australia, within 10 kilometers from the Red 5 Darlot Mine. The Company's projects include South Darlot Gold Project, British King Mine and Red 5 Joint Venture. The Red 5 Joint Venture project’s 20-hole drill program, which included approximately 17 reverse circulations for 706 meters and three diamond core holes for 141 meters include a suite of narrow vein, high gold grades of up to 124.4 grams per ton. The British King Gold Mine is approximately five kilometers south-west from the Darlot Mine. The Company’s South Darlot Gold Project area is located approximately 320 km northwest of Kalgoorlie in Western Australia and includes British King Mine. Its tenement holdings cover an area of approximately 324 square kilometers.


TSXV:CIO - Post by User

Bullboard Posts
Post by bdmanon Jun 25, 2020 4:31am
382 Views
Post# 31189110

WOW

WOWWow. Some of the comments lately are out there. This is a very tightly held stock with 72 million shares only. Insiders hold minimum 50% of these. So of course it will go up and down quickly. What do people expect of management? They made an announcement showing fantastic potential with some really near term results possible. What other announcement do you want so soon after the last?? More results? Deals to mine the area? Complete funding? A takeover?? Look through previous results a few years back. There is some good OZ potential in CIO holdings, but it won't be realised in 5 minutes. This deposit has awesome potential, but if you want it in 3 weeks that is unrealistic
Bullboard Posts