CVN 3.03% 16.0¢ carnarvon energy limited

yet another fat prophets buy recommendation, page-16

  1. 268 Posts.
    The thing I find very funny is why people get so upset about positive opinions. As if anything said here effects the SP. After all who in their right mind would gamble their own money based on postings within HC??

    I mean if you want to "really gamble" with your money you might be better off to gamble sports, horses or in the casino.

    CVN has proven runs on the board, failing a run of dusters in NSE (that most other oilers constantly endure) their reserves and production will continue to grow.

    As Mr Jacobson said their priority has been to self fund exploration & operating expenditure, so roll in the barrels from NSE as this pays for all the exploration (many of which may be dusters until they get lucky)

    Judging by the "oil shows" and their gained geological knowledge its "highly likely" that the exploration in areas outside of NSE will give CVN a positive return at some stage.

    Strong buy side indicates most holders have a positive outlook for CVNs future SP. Jacobson said at 2006 AGM that although POE9 was a bit of a "wildcat well" if it strikes it will change CVN. Its been a great story since POE9s first taste into the volcanics.
 
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