TSXV:CVI.P - Post by User
Post by
Anewtraderon Jan 22, 2005 12:48pm
176 Views
Post# 8472140
CVI forming ground
CVI forming groundCVI resist from assault to break down the 1.50 level. This is very interesting at this point because CVI is forming ground for the next upward leg. Everyone are waiting for the news about the well spuded in mid december and of course the commerciality. Dont be surprise of a new financing following the declaration of commerciality. They will need financing to build infrastructure and continue drilling. 10000 bpd is a realistic target.
What an extreme emotional rollercoaster ride...
Cheers!