Ann: Confirmation of despatch of Bidders Statement, page-2

If people take a proper look at the the off-market take over of VAN and hopefully in the not too distant future? Superior, then it should in reality be a brilliant thing for CYL!

It is quite possible that CYL after both take over offers are completed will still have a small parcel of shares, lets say 200 to 250 million shares (Guessing the number but it might be close?) and then you throw in the two gold plants, mining licences and very close to 7 million ounces in the ground then even at todays price of $1.40 per share when you compare that to the likes of say DEG at $1.54 and no plant as yet and 1.56Billion shares and 8.5 million ounces in the ground then investors really should realise just how undervalued CYL currently is hence the current pick up in buying the stock and share price.

Would CYL be worth well over $5 to $8 per share once operating costs are proven to be profitable?? (A Guestimate). And perhaps in the not to distant future (In mining terms...) a lovely Dividend!

And don't forget the MASSIVE exploration potential!

Either way IMHO it should make ALL holders SMILE!


GLTAH+DYOR

P.S. I havent even mentioned our Jewel asset 4Eagles, and money maker, Henty!!