Previously posted, on another forum:
"CYS ..... another IPO, listing on 29052008 and has a
positive cycle in play, on 30052008, so this one could
be well supported, from the outset ..... "
..... and well supported it is, with only one seller at 55 cents !~!
have a great day
As mentioned in my post about a week ago, CYS are expecting results from their drilling program at Sheeza. They mentioned that they expected to receive these results within 3 weeks of the 29/5 announcement which means we should see them sometime this week.Hmmmm ...... WOW was my first comment after researching CYS. Don't normally get onboard new IPO's but this time i have made an exception.
CYS are a potential multi-commodity resource company as mentioned in previous posts with some very interesting tenements that have potential for iron ore, gold and nickel at present. For a company with a small market cap of only around $7M at present, it would appear to me that CYS has a lot of upside. In terms of iron ore they seem to have some very prospective ground.
Also, CYS has already started their drilling campaign at Sheeza which from my understanding is prospective for gold. The company is expecting drill results to be returned by 3rd week in June
Hi Ronaldo,hi greggy
i am also onboard
and i am expecting big things from this little micro
there are alot of companies reaping the rewards of being within 100km of Sandfire.
but this, as todays presentation shows, exhibits the most exciting similarities
Hi Ronaldo,with good reason too.
you look at those geochemical maps from their presentation yesterday, and compare them to the one released today by TLM from about 5kms down the road from Sandfire's De Grussa.
There is every reason to believe that CYS' own patch of the Narracoota volcanics will be at least as good, if not better, with much higher base metal shows concentrated over a similar area.