CDV cardinal resources limited
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Conceptual target upgrade 4.8M-8.3M ozs. gold, page-6

  1. sydneysider
    4,826 Posts.
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    02/05/16
    01:25
    Post #: 17647269
    At the lowest level of the conceptual target range of $.8 million ounces x EV of US$150 / A$200 oz translates to a valuation of A$1 billion or a 24.4 bagger from a $0.19 share price.

    Warning: this is still a conceptual target range, until drilling is completed.
    CDV Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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