I think we'll see a period of consolidation at the low 20s until the next bit of news.
Considering they're still drilling and we'll have more results to come before the JORC in 3 months time we won't have to wait long.
That being said I could be completely wrong and as people in US / Canada become aware of this news overnight we could see some big orders come in the morning pushing the SP up to high 20s.
That's the beauty of CVY - its located in Canada and sophisticated investors in the US / Canada will be all over this news in the coming hours.
CVY Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held