cys & sfr, page-11

Another great day for CYS. Strong accumulation, some party certainly wants a slice of the CYS pie. The accumulation is not rocket science though when we break down.

- CYS has a small MC
- A highly prospective area of the Narracoota formation
- Sits between the two SFR tenaments
- Borders a considerable resource that continues to be expanded.
- In the advent of a discovery will be logistically in a prime position to utilise the mining infrastructure that will be built by SFR
- Is a takeover target for reasons above
- Has clearance to drill and is currently in a reconnaissance drilling program
- Renewed interest in the area around SFR/nearology by investors with deep pockets ie OZL. Perhaps this is the accumulator?
- Has drilling results due from Sheeza gold.

There are probably other reasons people may like to add but I think the above points gets the message across.

In regards to inital drilling results from Doolgunna we need to keep in mind that they may not be great as they are recconassaince in nature. These deposits are not easy to find, however CYS has the right address and the right rocks, so perhaps we will have early sucess.

One final point to consider is that SFR are the big boys on the block with plenty of cash and just over their back fence is this minnow called CYS with 18 km2 of the same rocks that are proving to host considerable Cu/Au deposits. Understanding the nature of these VMS deposits and the prospective geochemical trend it makes sense for SFR to have the forsight to grab a chunk of or all of CYS for future exploration surrounding their minning operation. CYS is dirt cheap and as a future play could considerably extend the SFR minning operation for a relatively small investment.

CYS IMO has a good way to run yet and for that reason I will be just be sitting tight and enjoying the ride.

Cheers

Retrac