GREY:CRDNF - Post by User
Post by
lumpy13on Aug 08, 2019 4:46pm
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Post# 30008482
Seeking Alpha on CDV
Seeking Alpha on CDVhttps://seekingalpha.com/article/4283049-cardinal-resources-still-oblivious-golds-rapid-ascent
It is strange that CDV isn't moving like other similar African juniors. ORE, for example, has moved quite nicely in recent months. One reason for CDV's stagnancy could also be the high capex required to put the mine into production and the potential dilution. But, on the positive side, it is in Ghana, not Burkina Faso, and a potential acquisition play for a mid-sized miner. I have increased my position in recent weeks.