CNB 6.58% 40.5¢ carnaby resources limited

Ann: Lady Fanny Growth Continues,32m @ 2.6% Cu at Greater Duchess, page-94

  1. 1,056 Posts.
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    Lady Fanny is no side show, it is a full and equal partner in the discovery with Nil Desperandum. Lady Fanny has, I suspect without doing the calculations, more width and high-grade from surface amounting to more tonnes of copper in the top 100m than Nil Desperandum. Time will tell after the end of the field season this year and the JORC resource calculations are done but that would be my guess at present. Of course further drill results could change this.

    Mount Hope could also be a third and equal partner. They had large and wide open pits at good grade but stopped mining at the sulphide zone, it is intact. The old IP shows sulphide bodies below the southernmost open pit. This could be another great discovery.

    I join others in hoping for a further reduction in share price in order to purchase my trading parcel back. I just hope the next great announcement gives enough time to do this.

    DYOR. Not investment advice.



 
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