CAV 0.00% 0.5¢ carnavale resources limited

Ann: Trading Halt, page-18

  1. 23,919 Posts.
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    Also remember, they don't want to be on a budget whilst drilling this thing

    If they encounter visible mineralisation or very encouraging results, they don't want to have to stop at set depths due to budget restraints. Naturally they are going to want to chase it further / deeper and extend the strike

    No point running out of money mid way through something as prospective as Red Hill, especially if they like what they see and want to follow it up / drill additional holes

    IMO this will be the last of 2c and below. The pre drilling promotion on this should spark up some solid interest, maybe the catalyst is confirmed drill dates
 
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