CNO conto resources limited

5m at 10 ounces /t silver, page-31

  1. 817 Posts.
    Im also in on the break of 20c.....looseish stop on this as it will be worth the punt by all accounts.

    Cash backing of 12.2c (see link to ann) per share got my juices flowing.

    At 22c close, that is an EV of just 9.8c X 24,454,812 = 2.4m!!

    With drill results like the ones presented on Monday, the EV should be dare I say it, many many multiples of the current!!! (IMHO of course and DYOR)

    http://www.asx.com.au/asxpdf/20121022/pdf/429jypskksgtjd.pdf

    Should have popped onto allot of radars after yesterdays action. Will be an interesting day!!

    OK, back to work giz!! ;)

    PS Thanks for the heads up on this little pearler.

 
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