CVI 0.00% 0.3¢ cvi energy corporation limited

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  1. 1,573 Posts.
    kevin, how's this logic for sentiment and confidence.

    The price of copper went up over 4% last night and all indicators are point to demand outweighing supply. CVI has a heap of the stuff. There's confidence.

    The refinery deal is still on the cards and if banks approve the funding, all us holders will be sitting pretty. 20c would be nice. There's some positive sentiment.

    Negative sentiment from the long term holders is that they have lost stacks of cash and some sell out after the crash which is so unfortunate... They need cash to bring their projects up and running and where will they get this from?

    My opinion is that the cash will flow big time if refinery comes off. If refinery does not happen, we will have to rely on MS getting more $$$ in from investors and I don't see any major barriers for that happening. Today's market action looked very happy and if holders like myself start mopping up the traders, the volume will reduce and SP will rise
 
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