CVY
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0.00% 11.0¢ coventry resources limited

looking for a gold stock

  1. Nickd003
    711 Posts.
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    03/08/11
    12:54
    Post #: 8766002
    Looking for a gold stock to take advantage of the high gold price.

    CVY looks Ok and the positives are:

    MCap ar $29m
    Cash ar $8m
    JORC Resource > 1m oz with 2 drill rigs operating to increase
    Operating cost $US595 p/oz
    In Canada, etc

    Only drawback is the low volume of trades.

    Would be interested in other opinions.
    CVY Price at posting: 16.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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