smart company

Hi guys,

Just thought I'd change the thread title, I had a little "oh no" moment when I saw that a director had sold at 37c. However, far from being an ominous omen, it seems like it's a smart move to take advantage of tax situations. All good!

The market has been talked to death of late, I'm starting to focus back on CVN again now. CVN have had their xmas/nye nap, and are about to spring back into action. Regardless of what the mkt does, people will start to flow back into CVN shortly. Why?

* Quarterly rpt due next week
* Second drill to be spudded shortly
* New well results next month
* Lots of detail to emerge regarding CVN and SUR joint venture - paperwork signed this month and at least 1 well drilled this qtr
* Fat Prophets to provide analysis and update
* Hartleys valuation to be made available
* Update on domestic interests

Sure there's other stuff like trucking updates, but I imagine this will just be outlined in the quarterly.

Market weakness or not, I think this stock is going to climb back to a pretty respectable level sooner rather than later. Hang in there long-time holders!