Mr A, they have had those projects for a number of years now, and never done any exploration work in those years. So unless the board undergoes a massive change, they raise money for exploration and start a positive plan, then this is a coy going nowhere.
The reason why you cop flack from everyone is simple. You push this as a STRONG long term buy, when the coy has an appaling history of NO exploration. Only mining the investors and shuffling assets between entities. AS soon as I start to see complex structures and games come into play, I walk away from those type businesses, because it is not normal business sense or practice. So what are you investing in then, what can be the logical results? Ask yourself that qn.
And there is no sour grapes from my view because I have never bought any. They were on my watch list, but now only on my humour list.
CVI Price at posting:
0.5¢ Sentiment: Sell Disclosure: Not Held
