bringing down cvi price, page-14

Can somebody put a light on news issued quite a while back about some projects in Angola, purchase of diamond machine (something like that), oil investment etc etc etc? What's happening with those and why company directors are silent about them? Is there any progress going on? or everything is stalling?

This has been the issue for some time; they purchase the right to Mantada, a logistic company, diamonds (more than once), a diamond harvester, hired a drill rig, had offshore oil, had onshore oil, had a refinery etc.

Note that all of these announcements were prefaced with qualifications such as "acquired the rights to", "have an option over".

The indicated copper alone on their properties with the current number of shares on issue could mean that the company was worth 10-20 cents per share - the sad thing is if they put the $50M raised over the last 3 years into developing those resources, the company may have actually achieved something.

So, what you are left with is a Ponzie scheme, or boiler room.