Gold Juniors

[JBmurc]

Anyone holding or keeping an eye on CAV.asx ...some very impressive samples announced ....Carlin style targets ...50% of the shares traded today huge Daytrader interest ...has potential to be the next SFR

http://www.carnavaleresources.com/images/CAV-2pp.pdf




A good post from sydneysider on HC ...gives you some idea on CAV

During 2007 -2008 and prior to the major discovery at Degrussa SFR was a greenfield explorer capitalised at around $40M.

CAV is also a greenfield explorer with 2 major U.S. projects, on which 5 high grade targets have been defined for further drilling. Four anomalies have been defined at Red Hills that extend out from surface mineralisation and historic mining that are all potential "Carlin style" copper gold elephants. This is where folks like Newmont purchased Fronteer Gold in 2011 for $2.3 billion for 4.3M ozs of gold with potential to grow to 10 Moz and represents the southern extension of a "set-off parallel trend" to the Carlin Trend, and is about 150 kilometres from Red Hills.

Fronteer shareholders also received shares in a spin-off company called Pilot Gold that has made another exciting gold discovery on another "set-off parallel trend" to the Carlin Trend at Kinsley which is only 50 kilometres from Red Hills and is already capitalised at C$90M.

CAV sits directly ON THE CARLIN TREND and is capitalised at $3.5M with recently generated technical reports that indicate massive conceptual upside IF results continue to run in a positive direction. IMHO CAV could easily we worth over $10M just on its currently generated data base, which points to a share price north of $0.06

This does not take into account the Sandfire / Degrussa "Look Alike" at Little Butte, Arizona, where CAV has identified a shallow zone of low grade oxidized gold / supergene blanket that extends for over 300 metres and overlies a deeper fresh rock target. Geophysical work will be completed to define this deeper target for drilling. Please do your own research, do not rely on these speculative assumptions but good luck to all longs.