an objective discussion, page-10

They will probably need proven resources now as I am not too confident of this stock running just on news of permits being granted unless they already have been drilled.

Drilling at Catabola will probably provide the first real proof that CVI have something but after looking at TGS today with a 100m hit at 6%+ copper and the price moved 3% CVI will need to get exceptional grades of Cu and AU.

A few million barrels of oil added to that would be a bonus but will be a while coming. Sorting out the paperwork and who gets what always will take time. I agree with Trading Bull that we will most likely see cheaper prices over the coming months and a lot of people will be shaken out of their positions in the panic.