re: Ann: Project Secured Adjacent to 6.7Moz R...
Does anyone else thing that the announcement is light on details?
Particularly what they mean by "low cost". How much did we pay for the rights? Is there any sort of share-based payments?
Would like to know those details.
They also indicated they are going to aggresively conduct exploration in the area - I just hope that they have enough funds to comfortably push through with the requirements to get the Cameron project moving along.
It is good to know they have a new area to drill and explore but there needs to be a balance with regards to where management focus their resources. Hopefully these guys can find that balance.
CVY Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
