I'm thinking that the trading halt may possibly relate to the Brumby Ridge target.
CPM have already commenced a follow drill program focused on both the Raven & Brumby Ridge targets. This commenced after results of the first 5 holes of the initial program were reported. The first 5 holes reported were from both Raven & Mafic Sweats South. No results reported at that stage from Brumby Ridge, yet one of the focus points for the follow up drilling that has already commenced, is at Brumby Ridge.
So I'm guessing whatever they saw in the cores at Brumby Ridge when it was drilled, was highly encouraging!
Please don't take this as absolute as I could be totally wrong. It's just me trying to join the dots from the information that has been reported to date! Looking forward to seeing what they have uncovered early next week.
Add to My Watchlist
What is My Watchlist?
