With a proven 1.4 million ounce gold project (set to grow significantly) in a proven gold producing province in Canada CVY's MC of $16 million means the market is valuing the gold at $10 per ounce when cash is also factored in.
no wonder the SP looks set to go, and the big buyers are lining up.
CVY should be 30c+ on average asx peer comps for similar goldies.
$10 per ounce gold
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