News: CYL Superior Gold Files Management Circular In Support Of Arrangement With Catalyst Metals, page-62

Thanks SM... yes, I agree with you on the price trajectory... likely to be a move up and then the weak longs will sell into it which is natural for them but the wrong thing to do... and once that is cleared, a move higher.
I know you are relatively new to CYL but what we havent included in this forecast is Victoria. Please do also look into what's going on at Four Eagles and the surrounding tenements. It started as Bruce Kay's theory 10 years ago (btw, this is before Fosterville was discovered....) that the fault lines from Bendigo would extend further north under the Murray River Basin Sands.
CYL spent years working on this and sure enough they proved out that the fault lines do continue and now it is about identifying the highest grade tenements to target. The recent hits at Iris Zone are not luck.. they have been drilling out Boyds dam for a a few years but more recently getting deeper with diamond drilling and have now found this next layer with very high grade gold. The next drilling program there is going to be very very interesting.
I know the forum here are talking about 6-8 years before Victoria is mined but I do believe it will be much earlier then that. The proposal to the Vic Govt for an "exploration decline" is progressing well and there are under-utilised mines nearby which will suit the geology at Four Eagles... I think its closer to 3-4 years before production starts...