CAV 11.1% 0.4¢ carnavale resources limited

Good times ahead imo.That profit opens up a world of options...

  1. 294 Posts.
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    Good times ahead imo.
    That profit opens up a world of options regarding future tenemants and growing the company resurce in the region. There are plenty of underdilled areas in the region that we could potentially explore/purchase with some extra cash recieved from current project. HH and the team are setting this up for a nice sale of the whole project or eheaded to mine and taking this from a junior into something else with a big future.
    once they increase the ounces in the current project, it will be hard to ignore whats on offer. ML to come in the next 6 months too?
    Unrest/war in middle east will mean gold will continue to soar imo and we could easily see $4k AUD an ounce in the next month, which further increases profit of project by millions. As price of gold increase and we have no offer, i can see HH and the team readying up to mine, plenty of upside imo.
    as always DYOR, not advice.
 
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