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Canadian Imperial Venture V.CQV.H


Primary Symbol: CIMVF

Canadian Imperial Venture Corp is engaged in the business of identification and evaluation of assets in Canada.


GREY:CIMVF - Post by User

Bullboard Posts
Comment by GA_Makemydayon Oct 15, 2010 1:58pm
196 Views
Post# 17570151

RE: RE: RE: RE: Up we go???

RE: RE: RE: RE: Up we go???Blueknowser, OK so you can perform some basic simple math.  The problem is with your  giddy assumptions.

1.6 Billion barrels right there, right now, all for the taking???
No additional drilling/investment/exploration & production delays/share dilution, etc. to get to that 1.6 Billion barrels?   Come on.
The consortium may never live long enough to see even a small fraction of that 1.6 Billion barrels recovered.
I know that as an investor, I'll probably never last long enough to see CQV's share price hit 50 cents.
Bullboard Posts