the HOA for the Four Eagles project is good news... the chance for a new Bendigo style deposit along trend is very good IMHO...
if CYL had this sort of ground in some tin-pot nation in West Africa, the market cap would already be about $25 million, so I figure that buying CYL while its market cap is under $7 million is a gift!! 8)
clearly the directors are of the same opinion given their appetite for CYL at these prices!!!
a lot of money was thrown at Bendigo Mining to rehash old ground over the last few years which didn't go so well for many people, but once people connect the dots on CYL, they will be happy to take a punt here purely because of the "nearology" and trendology" of CYL's new ground!!!
CYL Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held
