CVY 0.00% 11.0¢ coventry resources limited

full steam ahead , page-3

  1. 885 Posts.
    HM - normally I steer away from stocks with a so called sovereign risk, particularly African - Sth American etc flavor but I make an exception for this little Canadian beauty plus a certain Texas Aussie based oil/gas explorer & now producer.( Both are WA based - what is it about the entrepreneurial endeavors of our favourite Aussie resources state??)
    If you are a gold believer as against fiat money printing ideologue then this has to be a 1st class punt.
    a) A proven gold area.
    b) A next door neighbor has plenty of proven stuff
    c) A much superior government (Canadian) taxation outlook on exploration expenditure
    d) A big next door neighbor in regard to being a capital provider - just across the border, literally.
    e) The list goes on - if you want to mine down and do a research project on this cellar dweller you may be well rewarded.
    I personally think the Aussie stock punter needs to balance his/her reliance on the strength of our dollar - remember the wheel keeps on turning.
    PS - I am only a newbie here and I am trying to find out if there are any listed options - anyone help me out?


 
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