I was expecting a larger number but that was just my aggresive bias and I am no geologist. What we have now is more information to help value this company.
653,100 oz of gold within 300m of the surface - classified as a measured and indicated reserve is a very nice resource.
With Gold prices north of 1,700 USD per oz there is no doubt in my mind that this is an economically viable deposit.
The other players in the area will definitely be following the CVY story closely. It wouldn't suprise me that when the feasibility studies are prepared that some of the big players in the area make offers for the Cameron Deposit.
CVY Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
