Ann: Cervantes Pansy Pit keeps giving Gold, page-18

Hi rdncoic

As you say, a picture's worth a thousand words.

I am wondering which of Cervantes' tenements yielded the nugget shown in the picture.

It is certainly not a KFC nugget. Nor, as I wondered for a while, a squashed Ferrero Rocher chocolate.

Then I realised it is a gold nugget, but that it is has also been used to illustrate gold from Riversgold Ltd (ASX:RGL).

http://www.*.com.au/companies/news/...t-with-further-high-grade-results-201501.html

So perhaps it doesn't come from any of Cervantes' tenements. What a blow.

At your suggestion I also watched the interview with CVS's Marcus Flis at Proactive Investors. What I saw was an account by Marcus Flis of what seems to be a costly exploration programme. The interviewer was little use in probing for the truth. With a fixed smile she just asked Dorthy Dixers.

I thought about the following points after watching the interview. CVS owes BKP $900,000 within two years. It has cash in hand of only $273,00 according to the last quarterly. I don't know how much of the recent capital raising has already been spent.

So will CVS be able to afford what Marcus Flis is planning?