CNB 3.95% 36.5¢ carnaby resources limited

Ann: Step Out Drilling Hits SW Extension of Nil Desperandum, page-81

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  1. 520 Posts.
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    So market reacted negatively to 27m visual copper sulphide intersection approx. 125m down plunge of the NLDD044 and NLRC066 intersections. Very first S/SW DD hole to successfully test the down plunge extension of discovery hole, in what will be ~20,000m drilling program. I got a feeling that expectations were very high and anything other than DD044 type grades was going to send this lower. Tight register + sea of DTs might have been a contributing factor, I thought this was a pretty good result. Lady Fanny assays still to come, lots of drilling, plenty of cash in what is the hottest stock on ASX at the moment. Good luck to everyone.
    Last edited by sanchopanza: 08/03/22
 
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