CVI 0.00% 0.3¢ cvi energy corporation limited

this one looks like a good punt I have been doing some back of...

  1. 7,917 Posts.
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    this one looks like a good punt I have been doing some back of envelope adding up on this one...I come out with a number of possibilities all of them indicating a real value of 10c +

    If any of their 3 projects can actually be made to work - which having listened to the briefing seems exremely possible then we have 3 chances at making that 20c+

    The heads are 5.5c and the oppies are 1.7c - given the price of the oppies with 50k costing only $850 atm there seems to be limited downside compared to the upside.

    I bought a small holding today while doing some research I will definitely be buying more on Tuesday.

    The oppies have a strike price of 8c - just 2.5c above today's close - puts the oppies in a strong position for some decent short term gains for only a small rise on the heads.

    Also quoted in the USA

    you can keep an eye on the US sp here:

    http://www.otcbb.com/asp/Info_Center.asp

    and then type in the US code CTVWF

    Anyone else got any opinions on this one??

    EB
 
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