It's far from nothing Denum - it shows the work is ongoing - I'm expecting some move to drop the price a little and then a big whoosh of buying from the smart money who understand the implications.
ASX: CVI NASD OTCBB: CTVWF DAC C4Z ASX / MEDIA RELEASE September 13, 2007 CITYVIEW INCREASES ITS SHAREHOLDING IN ANGOLAN PROJECTS With the drilling program to commence shortly, CityView Corporation Limited has lifted its working stake in both the Longonjo metals and the Ucua beryllium projects from 64% to 69%. CityView CEO, Mr Mark Smyth said: “This project is coming together, exactly as we had hoped: the Angolan Ministry of Geology and Mines are giving us great support”. Attached is a photograph of CityView’s project director Mr John Jacoby on site reporting on the Longonjo project to Sr. Seca Sousa Cassange, Technical Director Institute of Geology and Sr. Nelson Alexio Fernandes Director of Licensing. Background: The Longonjo Metals Project is situated in Huambo Province in central Angola. The licence covers an area of 3,764 square kilometres and contains two distinct prospects. They are the Longonjo Carbonatite (Rare-Earth, Phosphate and Niobium) and Catabola (Copper and Gold) Prospects. The Ucua Beryllium Project is located in the north west of Angola, 100 kilometres inland from the coastal capital Luanda. The licence covers and area of 1,358 square kilometres and hosts the Dande Pegmatite Complex, potentially an important source of Beryllium. Level 9, 28 The Esplanade, Perth, Western Australia, 6000 PO Box 5643 St George’s Terrace, Perth, Western Australia, 6831 Telephone: (61-8) 9226 4788 Facsimile: (61-8) 9226 4799 Email: [email protected] Web: www.cityviewcorp.com ABN: 59 009 235 634 ACN: 009 235 634 ASX / MEDIA RELEASE D R A F T September 13, 2007 Yours faithfully, CityView Corporation Limited Mark Smyth Chief Executive Officer. Enquiries: Mark Smyth Chief Executive Officer Contact: Telephone (61-8) 9226 4788 Facsimile: (61-8) 9226 4799 Email: [email protected] Website: www.cityviewcorp.com Level 9, 28 The Esplanade, Perth, Western Australia, 6000 PO Box 5643 St George’s Terrace, Perth, Western Australia, 6831 Telephone: (61-8) 9226 4788 Facsimile: (61-8) 9226 4799 Email: [email protected] Web: www.cityviewcorp.com ABN: 59 009 235 634 ACN: 009 235 634
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held