$90 mill cash. $72 mill market cap., page-63

Loading, you do make some valid points and for that reason alone, thanks for your input..

I do have a few issues with you view though. The permits over the last 12 -18 months haven't realy changed.. About 12 months ago Cvn was trading around 13c. The price of oil has, and gas and so has the risk averse nature of the market.. Cv is a risky stock, as is the case for most oilers. And as is the case for All of the market. So if u don't want to take on risk. Don't trade, if you don't want to trade a stock, u don't need to comment on a stock, if you feel obliged to set some people straight on your path feel free, I like to learn from all points of view.

I personally think the value of a working petroleum system on a free carry drill, plus a new drill researched by one of our partners with a 10mil buy in, being close to extraction resources, would be worth more than 0... 100mil stays 100mil until you spend it, free carry = 0 spend..

I'm in and wondering why we aren't up at 13c like everyone else.

Gltah