Compass Venture Inc T.CVI.A

RE: RE: RE: RE: RE: CVI.a shipping Oil

[CalifDreaming]

Nofool tells it like it is - nothing "top management" says is even remotely reliable.  So many grossly misleading (and outright false) statements by this bunch.  What about the statements that the CPF was supposedly finished ~3 years ago?  How about production getting to 10K bpd in early '07 (or was it early '06?  It's been so long, I've forgotten).  How about the pipeline being finished years ago?  Ironically, due to their incompetence, the pipeline never got built - as it would have been a pink elephant as the Safer facility wouldn't accept their out of spec oil anyway.
How about recently?  How about the claim they'd made a "marketing agreement" for the Nexen route, when in reality they had no sales contract in place?  The list of false and misleading claims is long and so consistent that you'd have to be an idiot to take anything this company says at face value.
That said, the oil is there.  If only there were a halfway competent management team in place to exploit it and to believe in, I'd buy big at these levels.  As it is, I can only pick away at a modest position in hopes that despite "top managements" best efforts, this company will succeed.