CNB 5.15% 71.5¢ carnaby resources limited

Don't look away...

  1. 19,153 Posts.
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    I've gone back over the ASX release on November 26th last year and from the highlighted snippets below, I wouldn't be looking away from the screen for too long if I were you.

    * bold, brackets and underline are mine:



    1) ....it is anticipated that a Mineral Resource estimate will be completed in the near term.

    2) Drilling testing of the Tick Hill North target has just commenced and is being pre-collared with RC and diamond tailed. The hole is anticipated to be completed by mid-December with assays results available in the new year(assays take ~6 weeks, so end of January?).

    3) At Tick Hill South East a diamond hole has recently been completed, intersecting encouraging strongly silicified lodestone horizons and EW striking breccia faults. Results are pending.

    4) The Tick Hill South target is located under the historical tailings dam.....A shallow RC hole has just been completed, intersecting the target horizon with results pending.

    5) Exploration drilling is ongoing and results from several completed holes are pending.



    Given that announcement was released almost 7 weeks ago, if you include the quarterly in 3 weeks, I'd say we're in for just about more news than you can print.
    The dream of course is for a compounding snowball of positives and against a backdrop of our microscopic free float, share price could be 'some dollars' almost overnight.


    biggrin.png


    Last edited by gottalove: 11/01/20
 
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