re: Ann: Further gold mineralisation at Four ... Here we go CYL is on a roll.
That is a very exciting result from the first partly successful RC hole ever drilled on the tenement - 1m @ 18g/t Au. Based on the success this company has had with its aircore drilling program I look forward to the results of the RC program that starts early this month.
In a crap market, CYL has been a real winner, one of the only stocks in my portfolio that has more than doubled its SP in the last 12 months.
Congratulations to the board who have sensibly raised cash at ever increasing prices in small chunks to meet its expenditure requirements on a program by program basis and haven't heavily diluted existing shareholders. Also nice to see a board that wants all the cash put back in the ground and not in their pockets.
With NML getting more good results and CYL having its foot on the only gold plant in the region it looks like 2012 is going to be a break out and hopefully the start of a new Bendigo gold rush!!!
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