CVY 0.00% 11.0¢ coventry resources limited

$10 per ounce gold, page-6

  1. 3,072 Posts.
    the comparison between CVY's Cameron Project and Rainy River Resources is the location and the grade and the size of the land holding.

    RRR is way ahead in exploration, and I heard today are set to announce their project is now an 8 million ounce giant.

    I also hear that a road show is underway in Canada to get ready for CVY's debut on the TSX.

    The initial feedback from North American brokers is shock that an Aussie minnow has acquired so much prospective ground so close to RRR.

    The surge in price and volume over the last 5 trading days is from punters expecting a radical re-rate on CVY's SP once the Canadians can buy into this on their own exchange in their own currency.

    CVY's SP should be 30c+, and the upside on exploration potential to increase the au resource is well beyond that.

    Great under the radar buying atm, but not for much longer by the looks of things.
 
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