CNB 5.19% 36.5¢ carnaby resources limited

gold was not $2000/oz and I wouldimagine that the stretched...

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    gold was not $2000/oz and I would
    imagine that the stretched budget of some of the stations would not have been able to afford to hold such a large parcel of exploration licences....although that mob have made quite bit out of mining in the past, it’s how they paid for the stations in the first place.

    The manager wouldn’t be able to take the ground for himself, certainly not any mining tenements that happen to occur on the Station. That would be a big conflict of interest. I think he has turned over half a dozen projects over the last few years through his family owned businesses. Balla Balla, Salt Creek, Ravensthorpe, Mt Mulgine, Smokebush, Boomer Hill, Mugs Luck, Harvey, Nullagine etc.....I’ve reviewed most of them. Lucky fellow.
 
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