CVY 0.00% 11.0¢ coventry resources limited

17c - bargain, page-2

  1. 199 Posts.
    Good to see they're out there promoting this stock.

    Following points should be of interest:
    -The Cameron Gold Deposit: "Substantial upgrade of the resource classification anticipated with ongoing confirmatory drilling"
    - Analytical results pending for >50 holes >6,000 meters drilled.
    - Considerable news flow over the next 6 months.

    This share has never been cheaper and I am convinced there is someone out there accumulating and trying to keep the SP as low as possible so they can get their fill.

    This is actually really good news if they intend to hold onto the shares for a while. This stock is already thinly traded so if our top 20 holders (46% of the stock) are increasing their holdings further - we'll see even larger jumps in the share price on the back of good news owing to the smaller trading base.
 
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