what a load of baloney..., page-67

mattyr...

Absolutely fantastic...one of the very few who actually GETS IT!

CVI future become more and more secure the higher their price rises...to some extent, the price needs to lead the value rather than the other way around.

Higher prices facilitate a more robust position at what ever table CVI may sit, be it placements to raise required cash, scrip issues to satisfy various acquisitions, or as you discuss, the entry to the Dubai exchange.

Stability also attracts longer term holders, including the funds and insto's...who would not seriously touch CVI given current volatility.

These numbskull dweebs...hoards of them...scabbing for 5% gains and high-fiving themselves for doing it, simply just don't see the wood for the trees.

Assume they trade every second day...for a net gain of 0.5-1c per trade, allowing of course for the odd one that goes against them (which would be 50:50 in most cases mind you)...and over a period of a month, they may be lucky to net a grand total return of say 6-8 points.

Had they not traded, looked away and gone fishing, holiday's, what ever, the stock is likely to have risen 10-15 points...further, the rising price would strengthen the companies position, bring in new longer-term buyers and ultimately, feed on itself pushing the stock even higher.

There is absolutely no reason why CVI cannot carry a market cap right now of about 200-300m, based on what they already have in terms of Oil/Gas and minerals and on what they are likely to get...BUT...the market dweebs are not letting it.

There are many companies carrying significant premiums on their assets, bought forward many years as part facilitation of ensuring success...CVI could do it too if there were not so many intent on round-robin trading for the sake of it.

Anyway, thank you for also seeing what the vast majority do not!

Cheers!