Having read all of the recent threads on the old Corvette ( COV ) and the old Tianshan Gold ( TGF ) it seems to me that what we now have is a well capitalised " new " Corvette ( CVX ) with some $ 30 million in the bank , an aggressive drilling program on exciting prospects and a fully supportive major shareholder , Cape Lambert Resources ( CFE ) .
The tenements owned by Corvette have already shown promise with some super-grades recovered from last year's driiling at Plumridge .
Given the proxility of its acreage to a 5 million ounce JORC'd deposit I would have thought that this particular stock has the potential to run much higher that its present 10.5 cents , IMO .
Other comments would be appreciated
CVX Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held