As we move closer and closer to a possible verification/actualization/proof/ of a new exploration and product exploitation of the old PFG areas, U cannot help but think that while EUR will be very happy to have 25 million shares of CVS and the possible gains to SP and value, they may/could/will also start to think that they gave the mineral rights to PFG away for peanuts....................
For early movers like myself, CVS is being picked up for peanuts right now.
ASX ANNOUNCEMENT/MEDIA RELEASE
28 March 2018
Exploration Commences: New approach to an historic gold field
Focus has swung to potentially large tonnage shear-related gold targets
Untested gold geochemistry anomalism recognized
Four untested shear-related gold targets to be confirmed with aircore drilling along the Primrose Shear
Historically defined gold mineralisation at Pansy Prospect to be drilled for confirmation and expansion
Tenders for the drilling have been invited
Programmes of Work submitted to the DMIRS
Regulatory approvals awaited
DISCLAIMER: While it may seem to a small amount/few investors that I have an ability to pick possible winners in penny stocks here on the ASX, it may not be true. I could just be having a run of luck for the past 6 years...........................Past performance is no indicator of future performance.
CVS is a penny stock and while it is interesting for sure, please be very careful before U p0ssibly jump in with a buy. If it turns out to be a wiener, U can also buy in after it hits one or two dollars. Much easier to pick up a few million shares after the SP pops and the gold production is already going on.............
