Modern PVC Inc MPVC

Talked to Kevan today

[speculator]

They are now moving the core drill to the site.

[HighROI]

Speculator...who is Kevan? Last time I spoke with Chad core drill was already at site.

[losecash]

Did you mean from site to a hole location? Some core with massive visible pitchblende would be a nice xmas gift.

[HighROI]

So I called the office today and spoke with Keivan (C00) and he said they are going to core drill in about a week. The Rig has been there for a year though. Ice there already and minus 25.  This was completely different from Chad. Chad said he was committed to the RAB program. According to Keivan he said RAB is a bust for current area they are trying to drill. Compressor got fixed

[speculator]

HighROI - Kevan works in the office. Chad is traveling for the next 2 weeks. The RAB drill did not work. The ground is too tricky, wet, boulders etc They will now be using the core drill they also used successfully on the lake when they had the same problems. The core drill is on the property but has to be moved on site. They are confident the core drill will do the

[HighROI]

Hi Speculator thanks for that. Sorry I was doubting your version of the story. I got two different stories talking to two different people.

[speculator]

No problem. I answered your quetion, inbox.

[losecash]

So twenty targets with the core rig then. I suspect we will see a quick SP increase if anything interesting happens out in the bush.

[HighROI]

If anything happens price will explode. Us few who are following the company closely can barely figure out what is going on. The market will be caught flat footed including most other players in the Uranium space. You could imagine that if anything of substance is found the media with be all over the Chuck Fipke link.

[HighROI]

One other thing Keivan mentioned was trying to get targets tested to prove something up before tax loss selling. Let's just hope they can get that drill working.

[losecash]

Yes get it turning and hopefully they prioritize the twenty targets. It would nice to have a hit sooner rather then later. We also may be on the verge of a macro uranium bull market. Timing is everything.

[HighROI]

Going to be hard getting a decent position now without driving the price. Still trading cheaper than many of us originally got in at.

[losecash]

Im actually still under water. Bought a pile back when it .07 ish couple months ago. But also bought a bunch in the teens. Think im averaged at about 450000 at .105 .............with a hit that wont much matter as this could easily soar to 1$ with a 50 million market cap. That wouldn't be out of the question.

[speculator]

Just spoke with Peter Dasler. He always told them to use the core drill. He is very excited about UNO drilling targets especially one target the told them to drill. Since UNO is the operator, he can only suggest and does not know if they drill it now. Anyway, he expects excellent news once drilling results are coming in. (I also own CVV).

[HighROI]

Thanks Spec. ..any reason why they gave up this property?

[speculator]

HighROI - yes, you sound like a pumper.  LOL   Mind you, have been knowing Peter for many moons and he is quite credible and he probably agree with you.  Why did he option the property to UNO? If you look at their landholdings, it is simply impossible to develop them all and not dilute the stock too much and run into financial challenges. UNO made a good offer

[HighROI]

They still have skin in the game so not exactly giving it away but seems like the best prospect.

[speculator]

Yes, but at that time it was an offer Peter could not refuse. I asked him the same question at that time and yes, it is one of their best prospects and he is promoting it.   

[leverage1971]

Can look at it a variety of ways why you would give up so much after spending nearly 8 million. With that said they gave up the "full rights" to the property but it is now on UNO to earn in. So it is UNO spending the money now and if they don't find anything in this program or the next (assuming there is one after a failure) CVV retains those rights and knows where not to drill. They

[HighROI]

I guess you will be buying the beers. I thought I was well overweight at 165,000 shares. I am averaged at .095 and underwater. Completely agree that this could go to $1 with a big offscale. Sounds like pumper talk to say that but they have a very promising property.