Hi rhys, as far as I can see we are waiting on three holes from the first round of drilling at ardeen. I think these holes might be pretty good, I dont know why they have taken longer to be released than the other 50 already released. They were due sometime in Feb but havent seen them as yet I think. Might be something up their sleeve me thinks?? Not sure though.
Plus the second round of drilling should bring some results at ardeen soon and a decision as to wether we will aquire 100% of the project??
We might be able to raise more money than expected if the Institutional investors like what they see which may enable us to aquire all of ardeen as well if we get some more good hits on the second round of drilling.
Looks like the selling pressure has eased up as well.
Some really good gold hits could put a rocket under the sp very soon. Plus long term this is a great hold!
CVY Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held