re: Ann: Narrow High Grade Gold Intersected a... I bought a few of these a while ago and have been watching with interest. CYL seems to have a very good gold story in Bendigo and the addition of a geologist of the quality of Bruce Kay to the board only added to that story.
A very nice tight structure with the directors backing the story by buying on-market instead of issuing themselves heaps of cheap options or discounted placement stock. Also a review of the 2010 Annual Report shows they are taking virtually nothing out of the company via directors fees so this is definitely not a lifestyle company.
The stock is well supported and in IMHO is only likely to go in one direction.
Ann: Narrow High Grade Gold Intersected at Four E, page-8
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
