the ultimate buy signal, page-8

I don't pretend to be a TA guru - though I enjoy looking at a really sweet uptrending chart!

What I DID see though was a LOT of accumulation at 19c yesterday - the buyers just came coming.
Now whetehr they were traders on a good thing, happy to sell at 20/21 or whether they were long term holders - I don't know.
Don't really care - the important thing was that it was very good value at that price for a lot of buyers.

Not sure that a lot of trading money will come in, as traders still probably see CVI as a bit too unreliable at this stage when there is easy money to be made elsewhere. We might however see some profits from that easy money trading come in here to sit for the long term. (heading to CTP now!)

I'm sure we have a LOT of 'believers' in the company that Smyth is starting to put together.
I'm not calling it a mini BHP - I'm saying it will be Angolas equivalent of BHP.
I still truly believe he can do it, and our patience will be very well rewarded.

No one thinks it will happen overnight, but if we look at the progress made over the last year, it has been nothing short of incredible - putting together relationships, and arriving at the point where we have a great team, good Angolan friends, and offers coming in for projects from several countries.
We can pick and choose what we want and have $1.4bill that says we CAN take the pick of it.

I'm very happy that we have 4 bullish chart signals, and will rely on the technical analysts to keep spotting them, while I keep my eye firmly fixed on the funnymentals that are such a shining light down the end of that tunnel.