CVY 0.00% 11.0¢ coventry resources limited

re: Ann: Project Secured Adjacent to 6.7Moz R... MGA few people...

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  1. 687 Posts.
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    re: Ann: Project Secured Adjacent to 6.7Moz R... MG

    A few people stuggle with the concept resources v reserves have this belief that 100% resources convert 100% to reserves. I really can`t wait to see this 200m pit they are talking about. Given the nature of the resources and location there is now way a 200m pit would be economic. Someone earlier stated they have done pit ops demonstarting the economics, all I have seen a re real thumb suck numbers which to me are far from reality. There are so many better gold companies around the would than this one.
 
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