TSXV:CVI.P - Post by User
Comment by
Northforce13on Aug 19, 2014 6:02pm
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Post# 22857691
RE:RE:RE:RE:RE:RE:RE:RE:Calvalley Petroleum announces declarati on of special div
RE:RE:RE:RE:RE:RE:RE:RE:Calvalley Petroleum announces declarati on of special div"Yea, I think they should diversify out of yemen."
Guy was complaining about the same thing, can you give some examples like I asked him? He hasn't gotten back on this yet.
"What you and daddy think the right strategy is to buy back all the shares and own 100% of nothing."
They have assets that produce oil in Yemen. That's not nothing. If you refer to their website you can get a complete description of what the company owns and does.
"The reserves are dropping the lease is running out and the civil war is stopping both exploration and production."
Yes, that sucks.
"As for your comments about the employees should leave and workfor someone else, you must be related to Ed because this would stupid stupid stupid. You think it might be hard to find trained workers that are willing to work in the middle of no where during a war, for $500 a month to replace them."
The average salary in Yemen is $200 per month. Calvalley pays $500 per month. So yes, it would be very easy to replace them, probably at an even cheaper price.