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!
CVY Price at posting:
5.8¢ Sentiment: LT Buy Disclosure: Held
