think the downward move in gold an the fact CVX COV drilling so far hasn't shown up the large width's but IMHO it will come get a couple 3-4g/t 20+ width will spark the market esp. if GOLDS higher CFE may go for takeover but can't see it happening any time soon if they wanted COV assets they would have gone for the full takeover months ago.. I'd say CFE will focus on getting their IRON ore resources increased an then offloaded ,Lady annie,80mill paymen before doing much else
CVX has the cash to explore so lets hope they find the mother lode
CVX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held