CNB 4.55% 42.0¢ carnaby resources limited

Ann: Annual Report to shareholders, page-45

  1. 5,070 Posts.
    lightbulb Created with Sketch. 845
    Just so everyone is REALLY clear…..CNB does
    not have a business.
    They are explorers bud and before long if they keep drilling like they currently are they will be doing a nice CR to dilute your holdings.
    Theyre selling off their assets that actually have a real value (cobalt, tailings, tick hill soon) to keep putting drill bits in the ground chasing nearology plays or Cu that is deep and getting deeper (very expensive to mine).

    explorers bud…..nothing more…..they are not making money, only spending it chasing a dream
 
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