CVY 0.00% 11.0¢ coventry resources limited

re: Ann: Excellent Metallurgical Testwork Res... Unfortunately...

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  1. 172 Posts.
    re: Ann: Excellent Metallurgical Testwork Res... Unfortunately gold stocks across the board have been and continue to be discounted severely. The problem with developers is as they continue to slump dilution becomes a very big issue and exacerbates the fall as dilutionary risk deters value buyers from putting a floor in the SP. Thats the way I see it atm anyway.

    CVY is quite a way off mining so this dilutinary and funding risk is even greater compared to some of its peers who are a bit further down the process. Still I think its very cheap!
 
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