"something very big is brewing with CYL"
Nothing is brewing I think, it's already reality that CYL's Four Eagles (shallow drilling) grades are enormous and they also have very long strike length not tested yet. On top of that, they haven't done any deep drilling as it was done in Fosterville, down to 1200m where they have found very high grades (over 1000 g/t).
Therefore CYL's market cap is still very small in comparison to its potential. (I am not holding CYL btw)
I think market is very small on finding the stocks with real value because most people are still stupidly chasing P&D stocks IMO instead of these great desrisked stocks at these low prices.
CYL and NML will make deep diamond drilling at Four Eagle and Tandarra this year. Then we may see very interesting results.
Technical Programme 2018 by CYL (from last AGM preso) includes a lots of work related to Tandarra. (NML 49%)
- Forums
- ASX - By Stock
- NML
- Victorian Gold Triangle map
Victorian Gold Triangle map, page-9
-
- 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)