dividend payment, page-9

Market conditions to tough to do anything but keep cash especially credit conditions. Ted will have plans would kind of like to see a forward looking business timetable. But cvn in great position to move forward compared to 90% of its contemparies, With cash they can J.V at a huge discount into some excellent areas. Where they would have once have to come up with most of the cash for exploration for a 60/40 farm ins they can push 80/20 for the same cost outlay as at the moment as we all know cash is king so you don't throw away the crown. Don't forget when companies sign up tenements they have to spend cash on exploration to meet there comittments on the tenements or lose them.