I don't think you are a whinger, and I basically agree with all...

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22/02/21

11:53

Post #: 51210162
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Originally posted by pongosniffa: ↑

I still cannot get my head around why they would purchase Henty at the top of the market (conversations / negotiations would have been near enough to peak gold)

Bullish question - Has CYL seen something that others haven’t?

Bearish question - Are we supposed to believe that CYL has better intelligence than all the others during this stampede for ‘anything gold / nearology’.....?

The possibility of “the next Fosterville” is alluring.....mineralisation, grade, AISC. I’m bullish gold for the long term and given this is an illiquid stock I’m not prepared to give up my position.

The only niggle is a change of tack from long term exploration in elephant country - Why?Henty could be uncommercial as they appear to have taken a short term punt on POG getting them some cash flow!.....

I’d rather they didn’t take away my $’s from exploration of Vic assets.

ps: I wasn’t going to post my thoughts but I thought the previous poster would like to add me to his list of whingers. Not sure what term deposits have got to do with CYL.......Term deposits don’t drop by a third, in fact they don’t drop at all.

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I don't think you are a whinger, and I basically agree with all you said.
You are actually putting up valid for and against ideas.

I have previously said that I think gold will do extremely well once (official) inflation takes hold.
There has been minimal drill results lately, we can expect plenty of announcements this year.

We just need to wait......

CYL Price at posting: $1.85 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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