Absolutely agree with you on that. Significant cash resources, aggresive drilling & great results so far.
The drilling has been going so well - just a shame with all the market turmoil at the moment all Coventry's good news gets buried under the doom & gloom.
Definitely going to pick up more at this price - I am very confident we'll see good returns over the next 12 months on the back of the PEA and upgraded JORC announcements.
Other really good thing about these guys is the fact that they run their operation on what I would consider a very small administrative cost. They're spending their money where it should be spent on exploration activities and not administrative rubbish. In fact interest payments have covered 1/4 of their admin costs this year to date.
CVY Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held