CNB 5.19% 36.5¢ carnaby resources limited

Still only learning myself but based on other gold stocks I...

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    Still only learning myself but based on other gold stocks I would expect to be waiting around 6 weeks from start of drilling to get results. Depending on how big a drill campaign they release allow 2-4 weeks for completion and 2-4 weeks for the labwork....noting that there is a lot of drilling around the state at the moment so drill crews and labs are flat out.

    Cost is all dependant on how big a drill campaign they lay out.... But I'm expecting a LOT of continuous drilling over the next 6 months. Money shouldn't be too much of an issue as we are cashed up and possibly producing gold early next year(if they don't sell the resource).
    All just my thoughts, don't treat them as gospel
 
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