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CAV - Carnavale resources

Chart Forum » Stocks - ASX: long term & fundamental » CAV - Carnavale resources

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moleman
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Username: moleman

Post Number: 286
Registered: 10-2003

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Monday, July 02, 2007 - 11:39 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



G'day

CAV is a copper and gold exploration company with two projects in Brazil and have also recently acquired a high grade Molybdenum project there. I like the chart with little overlap between the HH/HLs and strong green candles. The company website presentation says "Loyalty option on a one for one basis at 1c to be offered to shareholders in July 2007."

Current price $1.70.

cheers

MM (holding)



Commsec says CAV is into copper and gold but reading the announcements it's actually iron ore and molybdenum...

(Message edited by moleman on July 02, 2007)

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