CNB 5.21% 45.5¢ carnaby resources limited

Ann: Quality Results at Mt Birnie, Sulphides Hit Nil Desperandum, page-162

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    @Immetoday

    Mate, I've just logged on for the day and see 6 posts of yours already this morning and 5 more yesterday .... wow ..... you've had a couple of rough days by the look of it.

    As I've said many times before .... this is not a sprint and everyone has their own investment strategy ..... no one gives a rats as to what you do and how you try and justify your own position.

    I've read a lot about what's been happening in the Pilbara and around the Mt Isa area and as I see it DEG have been drilling for some years and have hit the big time .... we are in the early stages of our exploration program in the Pilbara and our early results together with the ground we are drilling through seems to basically mirror those of the early days of what DEG discovered.

    The same can be said for the Mt Isa area - Tick Hill, Duchess, Nil Desperandum etc where high grade gold and high grade copper have been found and mined years ago ... again we have only just started our exploration program there and to expect every drill hole to come up with outstanding results is fanciful IMO.

    In other words to imagine every drill hole should be a Company maker is immature to say the least.

    Sure we have very few shares on issue, which can be both good and bad, but we all know self interested parties can manipulate the share price either way during normal trading hours or during the 10 minute auction period at the end of each day ... we see that all the time.

    I'd suggest we should all relax and watch the Company diligently progress its well researched exploration programs in both areas and sit back .... Rome wasn't built in a day - it's not a sprint - we are very fortunate to have the management expertise, ample cash in the bank with more coming, plenty of land in proven areas to progress our exploration programs in a methodical and orderly fashion.

    Put them in the bottom drawer and see where we are in 6 or 12 months ..... as the M/D said at the last AGM ...."the share price will look after itself" !

    All good.

    GLA




 
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