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Compass Venture Inc T.CVI.A


Primary Symbol: V.CVI.P

Compass Venture Inc. is a capital pool company. The principal business of the Company is the identification and evaluation of assets or businesses with a view to completing a qualifying transaction. The Company has no assets and has not generated any revenues.


TSXV:CVI.P - Post by User

Bullboard Posts
Comment by rfk67on Nov 12, 2006 3:00am
235 Views
Post# 11665162

RE: why $7.50

RE: why $7.50"CVI is actually trading ahead of it's revenues and cash flow, so the idea that CVI suffers some sort of political discount doesn't make much sense to me." Of course it's trading ahead of its revenues and cash flows because it isn't being valued on revenues and cash flow today and you know that because you own it and obviously didn't buy it for its current numbers. I said it would be higher in India and much, much higher in Alberta and I stand by that claim. This is an operations story in the near term and the reason to own cvi.a is to see the production that is going to arrive in a year or so or at least to capitalise on any shareprice increase that may happen before then. If they show steady progress that's in line with their public statements and they move towards the predicted impressive earnings and cash flow then the shareprice will rise and we'll make money. If they can't deliver or if Yemen, who has large areas that are basically lawless, throws in a surprise the who knows.
Bullboard Posts