CAV 20.0% 0.4¢ carnavale resources limited

Morning all.@jchattWe take enormous risks when we put our money...

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  1. 4,399 Posts.
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    Morning all.
    @jchatt
    We take enormous risks when we put our money into these penny stocks and even more risk in this particular industry.
    It is moments like this that make it all worth while.
    Exploration Results can be an anti climax but these guys know the story so let's hope that you all get what you have patiently waited for.
    I expect it is more HG results but must be a lot more significant.
    That target zone in the middle of the pic below may have some surprises ahead an I expect this is where this TH is referring to.
    It appears to me that the drilling is concentrated in that area for now.


    https://hotcopper.com.au/data/attachments/5686/5686971-643ad64c8f6d81cf3872b27705011ef4.jpg


    Once we have the answers from this TH, it will be onto a lot more strike length to discover.
    Money in the bank is not bad but if there is a real rerate here, I would expect them to raise at a better price and increase exploration.
    We can only make assumptions atm so all will be revealed on Monday and I will be watching.

    The gap between McTavish and Champion South looks like there could be more of the same coming up, ( 2km ? ) Love it.
    Fingers crossed for you all and enjoy the potential of watching your money grow.
    Gold Price?
    My guess is that the party is just about to start at the same time as the discovery does here.

    Right now I am still not on the register but come Monday, That may change.

    Kind regards, Wack.


 
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