CVY coventry resources limited
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it has been posted in here:http://www.coventryres.com/20c of the...

  1. hard man
    3,072 Posts.
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    26/09/12
    16:44
    Post #: 10775316
    it has been posted in here:

    http://www.coventryres.com/

    20c of the 25c valuation is from the Cameron Project.

    The potential of CVY's Rainy River project (5km along strike from the 8 m oz RRR project) is not given much weight, as drilling has not started.

    That dirt is set to be tested in December/January using the same drilling method that revealed the 8 million ounces next door.

    That is when the re-rate could really start.

    The table that shows how undervalued CVY still is on a gold resource peer comp basis is also interesting.
    CVY Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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