I too hold the concerns that you do to a degree, but I think you need to remember that CVI, although now a company of the verge of disintergration, was once a very promising company.... I was in it when it was 8-10c all the way up to when it reached close to 40c and also received plenty of those 4c oppies which were supposedly such a bargain. Of course those oppies are now worth 0.1 of a cent!
CVI was affected greatly by HC, but i think for the most part, it was affected in the positive. With T4P guiding the hords along, it actually reached heights that it did not deserve. I'm not too bitter about the whole CVI situation as I got out just in time and got most of my money back.
ESI however have PROVEN fundamentals on their side. They now have an IP and things are on their way. I think the best CVI ever did was "we have land to drill in - potentially it should be good".
I think staying with ESI is the way to go. I took a little bit of profits in the last couple of days, but i'm far from being free carried, so my 'you know whats' are still on the line, but my belief in the company is as such that I am not too concerned. A gap got filled today, so I think it should be a steady 'onwards and upwards' from here.
ESI Price at posting:
6.8¢ Sentiment: LT Buy Disclosure: Held
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