CNB 3.30% 44.0¢ carnaby resources limited

CNB Current Drill Program, page-49

  1. 2,572 Posts.
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    I understand the frustration, but it's a tricky one asking what they're going to do about it - there literally is a saturation in the lab space with nowhere else to send them, and with De Grey 50km down the road with $160m of drill cores and the long term contracts with the labs, the likes of CNB without any real disposable cash are stuck.

    I would love another option - but the whole world has access to cheap money, and every drill rig in every country is booked up, with the labs rolling in samples and cash.

    I'd like to be able to fly, but sometimes there really isn't anything you can do when the world is against you.

    To me the choice is about patience. Believe there's something promising in the ground here? Must do if you're holding. Prepared to wait vs opportunity losses elsewhere - that's the equation that is a fair one for each investor to make their own decision on.

    I hold because of the lifechanging potential, but I'm lucky enough to be in a couple of rising tides elsewhere to offset my opportunity loss
 
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