CNB 4.55% 52.5¢ carnaby resources limited

The period March 16 to April 17 saw four drilling updates...

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    The period March 16 to April 17 saw four drilling updates issued, all reporting some stunning results from the drill out at the Mount Hope prospect.

    since then there's been no separate statements about drill results, only all the formalities of the CR.

    with at least one extra rig working this year it isn't surprising that exploration updates have been more frequent than in previous years.

    it's reasonable to assume that drilling is ongoing into some of the other prospects at Greater Duchess.

    given all this it's a fair bet the issue of the next exploration update is as near as next week, possibly followed by a slew of more results late May into June.

    shareholders have become used to these updates always being positive, even if the SP doesn't hold the immediate gains.

    every reason to think this is likely to continue.
 
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