Thanks @Wack - nope, not on the radar but now planted firmly in the centre.
- $14.7m market cap, I love a small explorer with potential
- I ABSOLUTELY love that there's a potential IOCG deposit that's been discovered as a result of a bloke with a truck followed by another bloke with too many fluids on board. That's modern day treasure hunting for you
- Half the register owned by the Top 20, and small SOI - another of my favs
All in all very compelling but I'm out of cash. Which means something else will have to give... tough day!
@timjames109 - the names tagged above started in DEG and rode that journey (some are still there, but I've recently jumped ship). CNB seems to have crossed a few paths for us again, and I'll tip my hat for the tip from Wack to join you all.
My perspective on could this be a CNB?
I think the chances are lower, I'll clear that up straight away. The reason I say that is that the number of historical workings within and around CNBs tenure is insane, as it's been hammered and chiselled for over 100 years, pulling tonnes of high grade copper from the IOCG deposits.
But as with anywhere, there's always potential. And those rock chip samples over 130m ON SURFACE are verrrrry interesting. I'm hoping they all came from bedrock instead of a dumptruck's copper spread out, but I'll say (whilst crossing my fingers) that no geologist that wants to retain any credibility would make such a mistake.
So... could this be the next CNB? Probably not, but absolutely maybe. Either way, $14m MC with $7m cash (shortly) and the prospective land with all the intriguing evidence..... I think it's definitely got value in it
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middle island resources limited
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Thanks @Wack - nope, not on the radar but now planted firmly in...
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