CNB 0.88% 56.5¢ carnaby resources limited

CNB Summary and Why Its So Undervalued, page-2250

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    I haven’t posted for a few weeks but can’t resist as we get toward the end of the air core drill program and ever closer to the commencement of the deeper RC drill program.

    The Mallina Basin is fast becoming an emerging district and potentially one of the final frontiers in Australia for greenfields exploration.

    The recent 47% land holding increase demonstrated to shareholders that Carnaby’s Management Team are serious about being a major player in the area. The position of these tenements continues to be located along favourable structural architecture validating how carefully they are considering the ground they acquire to give them the best chance of success.

    It would be great if we get an announcement next week with preliminary exploration targets from the air core drilling completed thus far. However as several of the posts on this thread have already assured us, Rob and his gang hold this company in good stead for a bright future.
 
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