CVG convergent minerals limited
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someone wanted out

  1. nk
    3,226 Posts.
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    07/02/14
    16:51
    Post #: 12906978
    Topped up today during the morning dump. Someone couldn't get out fast enough.

    Still need AUS1500 plus gold to make this a good story, but I think we see that this year

    There are some risks with cost escalation and metallurgy.

    On the positive side the Bounty reef grade increased at depth, as did the complexity of mining it. How deep does Blue Vein go, does it get richer like Bounty and are the rocks more stable than Bounty?

    Serious upside here at higher gold prices.
    CVG Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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