CVE has been on my watchlist for some time and have to say it's a sorry scene for shareholders who have bought in this past year. Tax loss selling will be taking place no doubt. I'm afraid the cashflow report for the quarter will demonstrate a need for capital raising, merger or JV. There is no or minimum liquidity or interest which is the reason why I have not bought in. CVE have compiled some great assets, but afraid don't have the cash to continue and feel require institutional investor interest. Good luck shareholders.
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Peter Batten, MD
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