Compass Venture Inc T.CVI.A

Gasguy's Comments

[geosan0]

I, for one, appreciate very much the insight you, Gasguy, provide on this board. For one thing, I share your skepticism and am also leery of the type of news releases put out by this company. Before anybody jumps down my throat let me explain that I am a long time shareholder of this company and have actually met with management. I do not work in the oil patch but like any lay person, I expect, when a company claims to have made a major oil discovery, that it would be followed up with testing, especially when you are a junior and looking for positive news flow. Claiming to have made an oil discovery and not testing it in years is like saying 1 + 1 = 3. Accordingly, I have not added to my position in CVI.a, since I established by initial position on the belief that what is taking place today was suppose to happen a few years ago. However, like Lef, I too believe that a $10.00 price for the shares is possible (wishful thinking, possibly). Regardless, the company expects to be very active in the drilling department (finally) during the course of the year and either way we will either see a $10.00 stock by year-end or a $0.50 stock. Based on the current market value of this company, I think that the market is expecting this company to be producing in the thousands of barrels of oil by year-end, with blue-sky potential going forward. Good Investing