CDV
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0.00% $1.08 cardinal resources limited

Gold stock - if breaks 39-40c could explode, page-17

  1. Jayfire
    244 Posts.
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    31/07/19
    12:55
    Post #: 39784012
    CDV might be one of the most undervalued gold developers out there... M&A season could be shaping up now as well...

    Resolute expected to announce acquisition of Toro Gold for $440 million...

    135 – 145koz/year     producer in Senegal.

    https://hotcopper.com.au/data/attachments/1665/1665207-d6d2fab57166a7e6c77c49712c6788d9.jpg
    Put that in context to size/scale potential of Cardinal... If DFS is on point, outlook could be very rosy for CDV with gold trading now at $1,428/oz.

    GLTAH!
    CDV Price at posting: 36.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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