why i invested in cvi, page-5

Bilbo,

LOL

While it wouldn't surprise me to see CVI fall lower on low commodity prices, it certainly hasn't risen in line with gains!

Until they are close to producing something, unless low commodity prices make our projects inviable, commodity prices are largely irrelevant to CVI - they are not being used by market forces to work out the value of the company.

Sentiment is what drives a stock like CVI.

By the way, oil went "down" to $128 (would love to have some oil in storage now to sell!), and copper futures went up by $57 a metric tonne!

Precious metals went down - particularly silver (which we are not exposed to - yet).

All the best.

Good post Wardy.