CVN 0.00% 16.0¢ carnarvon energy limited

Ann: Drilling Rig at Pavo-1 Well Site, page-51

  1. 1,832 Posts.
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    There's very few things in life more exhilarating than a big oil (or mineral) find! I vividly recall when CVN hit oil at Dorado - I had cashed in most of my other holdings and invested heavily (for me) in CVN as I had a good feeling about Dorado and I felt that CVN would eventually get lucky. As they say, the rest is history. The shares went into a trading halt at around $0.14 from memory, post the Dorado strike announcement they opened around $0.25 (and my initial sell order of about 20% of my holding was filled) and then over the next few weeks the trading volume each day was unbelievable (and exhilarating to watch) as the shares progressively rose to around $0.70 in August 2018.

    Can lightning strike twice? I certainly hope so and will be holding with interest as we drill Pavo and Apus.

    GLTA & DYOR .
 
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