Ann: Catalyst increases exposure to gold price, page-8

Facts are that this announcement does not tell us anything new. So in that regard, it is really an announcement for publicity sake.

But that is no bad thing, the content of the announcement is positive as it reminds the market that CYL is well positioned to enjoy the current gold price and hence the stock remains significantly undervalued.

Previously we have lamented management for being too quiet and not assisting in pushing the company's merits. Now they are doing so, we can't start complaining!!

All this is steady and solid progress as implied within the announcement. All we need now is a good AISC reduction in the upcoming updates/financials and confirmation of continued production increases. All this really should be the cornerstone for a re-rate......