Ann: Bastion Intrusion Extended to 1.4 km Strike, page-101

Thank you kindly for your concern Rick, and congratulation of whatever news you received today (I think I can imagine) :)

With at least another 6 weeks, I really do hope you get to see the reversal and huge profits ...

And let me do say, that there is no shame in de-risking... I applaud you (and Immetoday) for being so honest... We are all here for one thing after all, MONEY - Taking profits and buying back in at a lower price (if you can get them) is not a sin, and it could very well be a good investment / trading strategy...

We all have different circumstances, trading and investing strategies, and let me say that no "one" strategy is wrong...

I was a bit concerned though by your below statement:

"Was tempted to sell a heap at auction as am a little scared of a gap down on Monday but then I thought of you and all the hard work you have put in to prove what a great thing we are all onto"

Yes, I have studied the SHI# out of CNB over the last 12 months, and I am very Bullish LONG-TERM... But in the ST-MT, anything could happen...

The market is truly like a chook running around with no head at times... It can do crazy things!

Today is a prime example, where even despite all of the following reasons mentioned earlier this afternoon, our darling got sold down almost 20% today

* Through this AC drilling, we have identified even more targets
* Rob himself says in the announcement that this now "greatly increases the potential of the area..."
* Still awaiting 20 % of AC holes
* 1.4km strike of Bastion Intrusion



* Numerous newly identified intrusions !! ("several new lookalike intrusions")
* RC drilling starting next week
* What the market fails to understand is that these shallow holes are acting as a guide only, to help us better decide where to do the RC drilling!!!

And I really do hope, Rick, that you are holding NOT because of me or my research, but your own Due Diligence...

As I have said on numerous occasions here, I am not a geologist nor a professional investor... I am a Pizza Delivery boy (if you believe that)

As with all of us, we get some right and we get some wrong... There are no guarantees in the ASX... This said however, I remain very bullish on CNB and truly believe Strelley & Duchess will, over time, prove to be company transforming projects :)

Will the SP skyrocket to 76 cents in the next 6 weeks or fall to sub 30? Nobody knows!

Honestly, if we could all time the market perfectly, buy the lows and sell the highs, we would all be living the life with a penthouse, a yacht and possibly a hotel in Bali ...

All I ask is that nobody here PLEASE follow my own investment decisions... I make my research readily available here merely as a basis for other investors to use it as a guide or starting point for their own research ...

I would be truly devastated if anybody who followed my advice lost a significant portion of their savings / portfolio ... On the contrary, I would be absolutely delighted if you made significant profits based on your own research :)

Do I still hold - YES!! 70% of my portfolio? - No comment hehehe ...

Again, we all have different investment strategies and I applaud those who held strong today (strong conviction + CGT savings) and at the same time applaud those who de-risked...

Hope you all have a wonderful weekend...

Cari