CNB 6.58% 40.5¢ carnaby resources limited

People who doubt that this will be a mine have rocks in their...

  1. 1,437 Posts.
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    People who doubt that this will be a mine have rocks in their head imo. I agree with @GeoFiji that someone will mine these tenements. Will it be CNB is anyones guess. My opinion is Hammer will need money at a time when it will be hard to find, will some of theirs be added to our portfolio. Cooper minerals CPM look to be an early stage CNB in very close proximity to us and a bigger holding than ours. They could be another option to increase resource size if they keep ticking the boxes. There is so much to play out here over a period of time. I actually have formed an opinion of a RIO or a BHP or the likes will want us CNB being the more advanced project and when CPM get to a stage that shows more similar geology to CNB and enough resource potential a very good price will be on offer for Hammers Mt Isa copper play, CPM land holdings and exploration upside with the biggest sum being offered to CNB for their high grade Cu/Au deposit that we will be adding to big time after the release of the MRE. The area is full of high grade copper just waiting to be found, look and spend and you shall find. Modern mining techniques along with all of the surveys that are now done says to me there is massive upside here and risk Vs reward from here looks to be very attractive to me. Could be massively wrong but thought id share my opinion and get thoughts.
    Take care, not advice
    Mule
 
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