-
Share
26/09/12
16:44
Share
it has been posted in here:
http://www.coventryres.com/
20c of the 25c valuation is from the Cameron Project.
The potential of CVY's Rainy River project (5km along strike from the 8 m oz RRR project) is not given much weight, as drilling has not started.
That dirt is set to be tested in December/January using the same drilling method that revealed the 8 million ounces next door.
That is when the re-rate could really start.
The table that shows how undervalued CVY still is on a gold resource peer comp basis is also interesting.
-