CNB 4.82% 39.5¢ carnaby resources limited

Ann: Mineralisation Extended Greater Duchess Copper-Gold Project, page-141

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  1. 5,034 Posts.
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    If you think that running drilling programs in two states during this year was easy then you must be unaware of whats going on in the country at the moment. Ever heard of something called Covid-19, and border restrictions? Had a look at the typical delays in the assay labs at the moment? Have you tried to book a drill rig lately?

    These guys have put a fair bit of money in the ground drilling as a proportion to their size and number of employees, and a lot more that you don't see with geophysics and surface geochemistry to get to the point of having drill targets. We all know what lifestyle companies look like, and these guys are not that. Lifestyle companies go drilling for 2-4 weeks per year, the CNB guys have accumulated much more drilling than that.

    This is exploration, the drill rig and assay results do the marketing. If you want to see what a real "lifestyle company" looks like go over to the IPT threads.
 
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