Hi guys, i just thought i'd briefly outline my thoughts with regards to what could take Coventry well north of 30c short-term.
We trading quite well but the big $$$ gains are still yet yet yet to come. I re-iterate...yet...:
1) Gold price. $1,200 and holding.
2) Mkt stability. Thanks EU.
3) Near term extensive drilling program underway/about to get underway
4) Location = Canada! No resource tax. First-world mining country and province.
5) Given super profits tax, Canada now worlds premier mining country.
6) Macquarie on board at these levels. They allocate to buy 10% of their tranche at-market and we are back to 27cents+.
Have i missed anything?
Regards,
followme
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