Hi there
I still hold half of what I originally held and I sold half because I couldn't see how we as shareholders were getting continuous adequate disclosure.
This forum seems to bash everyone with contrary views - Nervous wreck took a bath on this one to lose more or about 50% of you capital is a big chunk. Its not surprising he keeps following the stock - he wants to keep watching to compare what he invested in versus what RFE is doing. So far CVN wins hands down. That doesn't mean we are wrong in sticking with it.
If there is no debate because we beat them up than there are few posts few posts mean few get exposed to this stock and the debate. IMO its stupid to get personal - let there be contrary views its important that there are for debate.
In reality we are all frustrated with this investment and it isn't an anomaly its up to management to communicate this great resource we have and how long before we are cash positive. If RFE is scaling back its development or exploration we should be told why. Really the problem here is IMO DP and the rest of the directors all I really get from this stock is a resource update each year and a declining cash balance. A lot of hot air and no hard and fast plans about what they are doing and how long it will take its vague positive spin. Well like all speculative stocks the party runs out when the money runs out and cutting back on exploration and /or development wont really stave off the day when you have to show what has been achieved. I bought into this because we were going to drill cheap wells and get the resource out of the ground and sell it - This activity is and has been appalling for the money and time spent to date.
Why dont we put the blame where it should be put on management.
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