CVY 0.00% 11.0¢ coventry resources limited

nearology, page-3

  1. 3,072 Posts.
    http://www.coventryres.com/sharelink/428lpw0112rcx8.pdf

    the merger with crescent and TSX listing are set for December according to this.

    the bedrock drilling of the rainy river prospect starts Q1 2013 according to this:

    http://www.coventryres.com/sharelink/428v1g33y0hnml.pdf

    a cynic might say they have planned it this way so they can release the key drill results about CVY's rainy river project directly into the Nth American market AFTER the TSX listing.

    If TSX punters who have watched RR become a $500 million+ MC company on the basis it is set to become a low cost long terms gold producer think CVY has the same tools to work with they are going to scramble for a slice.

    any drill results that confirm the extension of the 8 million oz VMS style RR resource into CVY's adjacent 132 sq km of tenements will trigger a significant re-rate of CVY as a multi project, multi million ounce soon to be producer in one of the best emerging gold provinces in Canada IMO
 
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