CNB and why it is STILL undervalued!!, page-1317

From the DEG thread - a quote from DEG technical director Andy B:

“Hemi is an exceptional new Western Australian gold discovery which is redefining the gold potential of the Pilbara and has changed the future for De Grey and our shareholders. De Grey’s exploration team has taken Hemi from discovery to a Tier 1 scale 6.8Moz gold deposit in a short timeframe. RC and diamond drilling commenced only 15 months ago and further extensions are expected at each deposit as drilling continues. Twelve drill rigs are currently focused on expanding Hemi as well as testing numerous targets within our large 100% owned, 150km long land package. I have no doubt we will be drilling and finding additional resources for many years to come!"

CNB is exploring in an analogous geological setting not too far away from Hemi. While things look a bit flat for CNB today you never quite know what lies in CNB's future (and boy, can things change in an instance). DEG went from a small resource at Hemi to a mega, globally significant resource 6.8m ounces which has just put DEG on the map for international financiers, mining companies and investors. I really think CNB's time in the sun will come. If I hadn't bought CNB yet I think I would be now given the truly global potential of this area. Well done to DEG - and lets hope CNB can do something even half as impressive.

GLTAL