CAY 1.49% 6.6¢ canyon resources limited

definitely a bit disappointed that there is no commentary.whilst...

  1. 2,710 Posts.
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    definitely a bit disappointed that there is no commentary.

    whilst there was no "commitment" to deliver this in May (their original ETA was Q2, so they have until end of June)... they did release an "on track for May" in a public announcement, with this should have come a "no longer on track for May due to XYZ"...

    This, in my opinion, was the reason for the sell down from 14c range to the 12c range, however we have great support at 12c so I am still very happy with the price in that sense. Project is technically still on track from original guidelines, just wish they didn't release an announcement and then do nothing about it (publicly).

    still massively undervalued at these levels.
 
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