Hi SW,
I thought it was a pretty good ann. from CYS today. The market liked it, then some profit taking came later in the day. Buy the rumour, sell the fact.
The only disappointment IMO was no mention of any drilling dates as yet, but I suppose its still early days.
Now, however, IMO CYS has 3 good projects going for it:
1. Pioneer
2. Doolgunna West
3. West Angeles - iron ore in the Pilbara region - next door to the majors - this project has been overlooked by the market.
DYOR
Ann: VTEM Results From Doolgunna West , page-15
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