Canadian Imperial Venture V.CQV.H

RE: Backtracking

[Barrhead]

Dreaminjim: There are a lot of knowledgeable people in various areas, but mine does not include drilling a deviated hole under a Bay in NL. I do know it will take a lot of ponypower, and a diesel electric with a top drive should be the cats meow for the Shoal Point well. Not many know what rig or equipment may show up for Shoal Point even if any, and who is to say it will be successful. The Shoal Point preliminary prospectus appears full of hopes and dreams of successful wells, and now include that they might be dealing with an extension to the lease rights, that throws in another variable. I am hoping for the best outcome, and with holding the CQV stock at least one can buy or sell it unless halted, while under an IPO such as Shoal Point, there could be a restriction in trading that stock for months. Already some could have made another 30-40% on their money by selling CQV at 13 a few days ago and buying back today at 9-10 cents.

Regardzzz..................................Barrhead