CGR 0.00% 18.0¢ cgn resources limited

Check the announcement out today, RCR have done well with their...

  1. 10,912 Posts.
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    Check the announcement out today, RCR have done well with their latest drill targets, geophysics looks just as good as CGR's. It is in everyones benefit if all the players in the West Arunta succeed. The better results for the region will translate out to everyone else's shareprice as the excitement builds. Look at what the success of WA1 has done to the region already, imagine another couple like WA1!

    It is also great news for CGR that drilling has recommenced for RCR because the rigs are coming to our ground after they are done at RCR. The diamond rig will be 1-2 weeks then the RC rig will be 1-2 weeks after that. Exciting times for both stocks considering other peers in the region - MTM, NWM, LYN etc are still 1-3 months away from drilling, given that drill location approvals are still outstanding for them.

    Relax, and wish the best for every player in the West Arunta! Except maybe MTM, given management blatently outright lied to their investors, I can understand if people do not wish them the best. But for everyone else, lets go!
    Last edited by coto: 11/04/24
 
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