CVY 0.00% 11.0¢ coventry resources limited

Very nice summary.I totally agree with your sentiment that this...

  1. 199 Posts.
    Very nice summary.

    I totally agree with your sentiment that this company has a lot going for it.

    I am a bit more bullish about the revised JORC - although not entirely game on putting a figure on it. Have to consider whether they include the sattelite deposits or not.

    I think a 50% increase is highly likely and I would say we could be looking at an even larger increase.

    I base that on comparisons to a peer gold explorer which I also have an interest in (SUM) this company has recently revised its JORC. Looking at their drilling results and comparing those to CVY we have had some very good results and we've expanded the coverage of our drilling. I.e. our drilling extends past areas which have been covered by the last JORC.

    Given the big boys in the area a takeover in the future is a definite possibility.
 
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