CY5 4.17% 11.5¢ cygnus metals limited

CY5 General Discussion, page-64

  1. 4,464 Posts.
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    Kind words, dub, thanks. About the new acquisition you say they are talking about ... where did they talk about it? I re-listened to the couple of presentations Michael Naylor gave on 24 November and 1 December but no mention there. I did see this one liner in the announcement of 8 December: "Funds raised from the Placement will be used for .... potential corporate activity" but no other reference to any new acquisition that I could find.

    From what MN said in the presentations I think the company is overdue in providing us with some rock chip results - he said numerous times that they would be available by mid-December. But over the Christmas break Winsome was also late in announcing some assay results so it looks like the Quebec assay labs are snowed under with work. MN also said assay results from the first 3 diamond drill holes should be ready sometime this month but I think best case is that they come out towards the end of the month.
 
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12.0¢ 12.0¢ 11.5¢ $137.3K 1.157M

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12.0¢ 119353 6
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