CPN commenced DD drilling at Yarabrook Hill on the 14th-04-21 for 2 holes...
For a total of 601.6 metres.
Holes were 1.25klm apart...
So similar total depth to our Wilga Hole 1 for Conductor A - The main target.
Visual results were announced 10 days later....
And they had to move the rig 1.25klm for the 2nd hole...
So visual results for hole 1 conductor A could be early next week.
Otherwise it will be off to the labs with results late August.....
DEV is resting on the Fib 61.8 retrace level and it is acting as support.
Hopefully a strong bounce here
If that level we are at fails the 0.305c is next support
and worse case is back to the 200 EMA which has acted as very strong support 4 times previously...or a 5th hit on that ascending trend line dating back to March 20 just slightly underneath.
CR 1 took 4 days to return to the Capital raise price of 0.10c and 10 days to exceed the 0.10c price
CR 2 took 11 days to return to the Capital raise price of 0.23c and 6 months to exceed the 0.23c price
CR 3 it is currently 18 days and we have still not come completely back to the 0.32c CR price.
Most of the new share money should have washed through by now....
Bottoms are usually slow and drawn out....
Best case is we bounce hard like CR 1 did at 0.10c.
3 weeks later the price was double the CR price at 0.20c.
Come on Wilga show us the money....GL
PS 888 is for good luck....
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