John,
I think we may not yet have seen the bottom. Sharp falls in metals prices overnight will see that our resources is in negative territory, and with oil down nearly $4, it's likely that we will be taken with it ... so I think that without news, the fall will continue ... however I believe that in 6 months CVI will be double what it is now. Short term it will always succum to market forces, be it commodity price fluctuations or forecasts in sector performance, or bounce back from sharp rise or fall in sp and of course market sentiment toward the stock.
Fundamentally CVI is very strong. We need confirmation announcements to be released, and over the coming months we will see this happen, and the price will rise significantly as a result. it is a matter of patience! something traders can't afford...
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