more fingers in more pies. Swapping a piece of CVI's mineral action for some action in Fortitude's leases. This Mark Smith has a step on him more unpredictable than Joey Johns (apologies to victorians for that analogy)
Here we were, many thinking CVI may spin off their metal interests to focus on oil. Instead he has increased CVI's metals exposure. AND he has inherited a former BHP non ferrous expert. Wonder what implications that may have down the track.
CVI will be in control. they will straight up own 1/3 of fortitude but soon will have a controlling interest. So basically we'll get back control of our original interests plus those of Fortitude plus a non ferrous metals expert.
Some one suggested recently, may have been T4P, that CVI is more of an investment company than a pure exploration company. Through the shrewd aquistions and restructures masterminded by MS I can see that $6 a share tag in the not too distant future.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
