CNB 4.11% 38.0¢ carnaby resources limited

Ann: Intrusion Hosted Gold Up To 3.2 g/t Intersected at Strelley, page-88

  1. 1,021 Posts.
    lightbulb Created with Sketch. 533
    I think the Tick Hill resource will be put on the back burners for a little while now. They have enough cash for a while and now they can wait for Gold prices to rise back up before making a decision.
    It's also a handy little leverage play to have in the background..... If they don't hit a discovery at the main tenements, they can fall back on it as a safety net. If they do strike a discovery or 2 then they can sell it for extra funds. Geez these guys have set themselves up well here.
    Last edited by ByCon: 05/05/21
 
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