Please read some of the previous postings to get a good idea please. (There aren't that many!!)
Regarding "cash burn" i think this company is not going to require any funding until it starts moving to producing. Earlier in the year they had like 8 or 9 drills running around their leases working frantically to get as much done as they could.
The number of drills has been cut back to 2 now and they've got very limited overhead expenses so cash burn will be minimal.
On the back of today's jitters now is looking like a very good entry point. Gold is just going to go up in value making Coventrys mining operations even more feasible.
CVY Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
