TSXV:CVR.H - Post by User
Comment by
redphoenixon Jun 05, 2012 10:59pm
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Post# 19983839
RE: RE: oil price
RE: RE: oil price "Oil stocks and oil prices not the same"??? LOL. So oil goes down, oil stocks go up? yep your right. Are you for real? That statement alone shows how pathetic you are. Tell me, does the oil company make more money when oil prices are high or low?? I know it's a tough question.
CVR is a venture stock.. penny stock. Price movements are to be expected and when you have a investment environment like we have today of "risk on risk off" they move and are often thrown out when it comes to the "risk off".
Contracts will come. They have one with BP in Jordan. They're technology was recognized by BP and CORRE won the contract. This contract was took the business away from a company called Mi Swaco, a corporation wholly owned by Schlumberger. Not a bad start. Don't measure this company in days, weeks, but months to years.