CNB 0.88% 56.5¢ carnaby resources limited

CNB Summary and Why Its So Undervalued, page-3295

  1. 12,821 Posts.
    lightbulb Created with Sketch. 1834
    Well unlikely first I'd like my 34c BUY order filled before >>>

    • $750,000 remaining cash payment to be received 44 days after full scale commercial production of the tailings commences (forecast late January 2021).

    • 5% royalty payment from tailings processing (estimated to be approximately $2M3 ) to start being received in January 2021.

    -aircore drilling program of 372 holes (11,167m) and 26 RC holes (3,003m) have just been completed with results from a vast majority of the program awaited due to lengthy laboratory backlogs.

    .... I actually wish CNB was also drilling the tick-hill Copper project just look at what happened yesterday with HMX 175% rise(I held but sold to BUY more CNB and other Copper Gold plays >>
    HMX>>>>
    Significant intercepts in the two holes drilled include 55m at 1.12% Cu and 0.30g/t Au from 119m including 16m at 1.77% Cu and 0.49g/t Au from 149m in HMTRRC001; and 32m at 1.04% Cu and 0.25g/t Au from 64m including 6m at 2.38% Cu and 1.45g/t Au from 91m in HMTRRC002.

    Screen Shot 2021-01-21 at 11.13.25 AM.png
 
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