CDV 1.85% 53.0¢ cardinal resources limited

CDV Share Price, page-31

  1. 53,484 Posts.
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    Good preso although they may need to be careful in comparing and contrasting CDV with others as some have oodles of cash and are near, if not, in production. We re early stage and as implied during Q & A, a placement may be coming near the end of the year. $2m drilling in the regionals is not very large but I'm sure all holders are crossing their fingers.

    The Reserve comment re-Ore was of note - I kind of liked that one & the IRRs are once again, very competitive.

    GL to all - we are all praying for the gold price to soar as CDV's valuation is highly related to the POG - an extra $100+ would make a large difference in valuations.

    Another optimistic presentation by Archie - he's a a little brash but nevertheless, he remains a polite and knowledgeable presenter.

    NB. IMO, one or two of the larger holders may be positioning to be on the Board this year.

    Disclosure: I only hold CDVOA nowadays - a big bundle for me although might not be as large as some on here (!) - around 15% down for me with my last buy around the 40s., although I did make oodles last calendar year, I hoping for more within the next 6 months.
    Last edited by fluffynymph: 22/04/18
 
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Currently unlisted public company.

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