I have CY5 on my watch list as I liked the land they are on.
I never took a position though.
The intercepts are ok, just very very deep.
If they had spodumene from surface, that's a different story. But 300m deep is a lot less economical.
Juniors are really copping it at the moment - even juniors with good deposits from surface and with solid scoping studies are getting hammered.
Good luck to holders.
Ann: First High-Grade Assay Results from Pontax, page-20
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