I've been over on the CDV thread today and there you have an...

I've been over on the CDV thread today and there you have an active gold explorer with 3 million ounces all but wrapped up but a market cap of just $17 million or 70 per cent more than WWI. I'm not ramping CDV and don't own any, but just want to illustrate the point how lousy the market is at the moment even with gold at AUD$1,500 an ounce. Back in the glory days, we'd see people buying these kind of stocks with their ears pinned back. WWI should have 2 million ounces JORCed in the Soweto Cluster in a few months but it's hard to see this news putting a rocket under the SP given the current market sentiment.