Don't forget Graham that cvn is an exploration company and will...

Don't forget Graham that cvn is an exploration company and will rewarded or in turn punished on results. Its the old risk reward cycle investors will be hansomely rewarded if the company prove up how much oil is in the reservior and can bring home 2 or 3 of the wells which results will be known in the next 2 weeks. But from the view of some who has followed cvn for a while
the last rise to 28 cents was pushed up by day traders and pumpers where a lot of investors caught the fever.
THis time it has been a slower rise with the sp rising
on a solid foundation of discovery and oil find not speculation. But the wells do look promising and have been very similar in mud loss and fluid loss while drilling
and oil and gas shows to other wells that have flowed with oil. But while l can't promise oil, you have to choose yourself if your risk adverse oil exploration is probably not the type of shares you should have in your portfolio. Plus with CVN l think to get full gains it has to be looked at with long term view good luck ethier way.