I think given it's low mkt cap it just isn't on anyone's radar.....it isn't pulling old out of the ground so it gets killed in risk off times as there will always be worry that they won't get the cash they need to complete their plans. In this particular stock IMHO this is misguided as they have enough cash to get them through to mining application stage and they are applying for a licence in a very well mined area so there is no reason to think the licence won't be granted. There will be a significant jorc upgrade before year and with an extraction cost of $600 this company will have people falling over themselves to give them money to build the facilities required to extract and process their 1mil + ounces. It is madness the share price is here so just save up your pennies and continue averaging in and enjoy the ride because as long as the price remains in the teens and with $8m cash in the bank this stock has to have extremely limited downside.
CVY Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
