Interesting facts that may help some of the newer holders to RELAX!
The Top 20 hold 80% of CYL!
98,295,723 Shares on the Register!
CYL is now a Gold Producer at Henty Mine Tasmania!
In December 2019 Catalyst hit $3.40 and the price of Gold was only US $1478
Bruce Kay and team are currently drilling up the exact area at 4Eagles that originally made the CYL share price climb due to PLENTY of fantastic results, and of which they have been drilling since early December to define a resource!
As they are drilling around this zone and also conducting infill drilling one could conclude that CYL may well have some damn good results pending which may well be in the vicinity of previous results, perhaps even better!!;
Boyd’s Dam Zone bulk leach assays confirm best-ever Catalyst gold intersection:
−8m @ 212.3g/t Au from 84m including 1.0 metre @ 1,675g/t Au in FERC236
−7m @ 8.24g/t Au from 44m including 1.0 metre @ 36.5g/t Au in FERC233
−18m @ 9.33g/t Au from 85m in FERC239 •Final five RC holes at Boyd’s Dam Zone show further high-grade gold mineralisation
−4m @ 24.2g/t Au from 61m in FERC265 •Shallow high-grade gold mineralisation intersected at Boyd North−9m @ 22.7g/t Au from 36 metres in FE880
Diamond drilling has intersected high grade gold mineralisation at the southern plunge extension of Boyd’s Dam on Four Eagles Gold Project:
−11.0 metres @ 37.2g/t Au including 1.0 metre @ 247g/t Au and 1.0 metre @ 150.5g/t Au−1.0 metres @ 24.3g/t Au
IMHO its not rocket science that the price of CYL will once again hit old highs and continue its upward journey!
And when they do they will have around $20 million to continue exploration etc. from the options!
As they sometimes say...Buy on the dips...
Good luck to ALL holders!!
+DYOR
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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