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Bullboard - Stock Discussion Forum Coventry Resources Inc. V.CYY

TSXV:CYY - Post Discussion

Coventry Resources Inc. > DDD was that u?
View:
Post by theisnl on May 21, 2014 6:10am

DDD was that u?

That single trade of 50 shares at $0.15 ($7.50) was that u DUEDILIGENCE to raise SP? Once gold and T.CXN SP start rising (after the summer) V.CYY SP will follow. A quick napkin calculation of ASSESTS-DEBT DIVIDED BY SHARES OUTSTANDING get a valuation of $0.15/share --- 10X current SP --- unfortunately it currently acts like a "shell company" and its short-term future depends on T.CXN share price (v.CYY owns almost 50 million shares).
Comment by theisnl on May 21, 2014 6:19am
I managed to buy 1000,000 shares last week ($1,000). I will forget about it and keep it for the long run. See u back in 5 years. One can only dream . . . maybe it will turn into a BARRICK kind of story.
Comment by duediligencedone on May 21, 2014 9:50am
Nice big fat bid at .01 today :)
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