Macrae,
Obviously no-one knows Caplin so Price Waterhouse was asked to present. Everyone here knows it is Caplin authored, so what? You noticed that the SP did not increase and stay increased with this report, true.
Market manipulation appears to have played a very large part in holding the SP down, if you read all the CVI thread as most have here you will notice plenty of posts on this. and of course the company is planning not actually mining right now and some part of the market judge CVI on this, fair enough.
Other similar speccy companies in recent history had plans and made announcements, companies like MAK & FMG, they seemed to do ok, right?
When you ask why are we at 12.5c, simple market sentiment, specifically and overall. Let me ask you a question why did BHP fall +$3 today? Why is ADY at 20c when it had a recent valuation of $1.50, how about FMS & SDL, how come they are down? Overall the market is down, any fool can see that. Also, your comment that CVI shareholders have been screwed infers that CVI in particular is different to other stocks that incur losses?
We are all investors in a spec stock here, very similar to dozens over other spec stocks currently being traded. Investors here have done enough research to satisfy themselves that there is a fair chance that this stock will provide an acceptable return. Of course, there is always risk, I do not think anyone here assumes that this stock is guarenteed to rise.
The company has laid out plans and made appropriate announcements outling the opportunity and the progress being made, again, like other similar speccies in the market.
Enough people here are ok with the current level of risk otherwise they would begrudgingly sell out at a loss. Why do you feel it is your right to come in here and tell them they are all wrong to e invested in CVI? Perhaps as you are presenting as an expert could you tell us sheep what to invest in?
I think the majority of investors here do not appreciate the advice we are receiving on this particular post as to the negative risk posed by investing in CVI and would ask that if you are clearly not holding any stock at present to keep your opinion only based commentary to stocks that you do presently hold.
It is also a bit rich to come trampling in to a stock that you clearly have no interest in and trash it and the large number of holders in it, not appreciated. Where's the upside in that?
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