RE:RE:RE:They have no cash to explore the new property@LowHigh5, Don't listen to rumors look at the Map and you will see that CVN is better.
Read the excerpt below from the Financial Press.
A similar reaction for Cavan could very well be expected. Not only does Cavan’s acquisition represent almost twice as much acreage, but the company’s total shares outstanding are almost a third less than Brookemont’s, while starting the day at a similar share price.
.
Focus should not be diverted from the news itself. Cavan already started the week by announcing it had more work to report on its Buckingham graphite project, however, this addition of Albany acreage trumps Monday’s news and has the markings of a true company maker.
.
“We’re approximately 6km away from Zenyatta’s deposit,” says Peter Swistak, President and CEO of Cavan Ventures. “An airborne survey was already conducted over our new property that showed both Zenyatta’s anomaly, and the same anomaly on ours as well.”
.
“We intend to get boots on the ground on this new property immediately, to start working the ground. This is an incredible addition to our company, there is no doubt about that.”
.