Today’s presentation to investors was great to rejuvenate interest of investors and brokers in CXO and to re-establish faith in CXO management.
Presentation in the middle of continuing RC drilling at blueys NT indicates some significant news is on the way soon. CXO is tight lipped over the visual verification of drilling samples.
In my view, reiteration of great results from soil sampling in today’s presentation means similar results are likely to follow when assay results would be out in two to three weeks times.
CXO management knows but did not want give good news to investors. However, things can be read between the lines.
Anyway, wait another 2-3 weeks before assay results are announced.
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