CNB 6.54% 57.0¢ carnaby resources limited

Likely just a response to general market sentiment and profit...

  1. 254 Posts.
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    Likely just a response to general market sentiment and profit taking opportunities off the back of significant SP growth over the last month... I, personally, am not concerned. As a reminder, the news flow in the coming weeks is anticipated to be as follows:

    • Next week (w/c 2/11): Commencement of drilling at Tick Hill
    • Two weeks (w/c 9/11): AC drilling results from Strelley
    • Three weeks (w/c 16/11): RC drilling commencement at Strelley for significant targets based on AC outcomes
    • Five weeks (w/c 30/11): Release of Tick Hill independent gold study

    Based on this news flow, and the current charting TA, as long as we get at least one positive outcome I am expecting a run up tp 70c
 
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