Australian (ASX) Stock Market Forum

CVI - CVI Energy Corporation

Re: CVI - Cityview Corporation

Constitutional change

The MPLA had been widely expected to win the election, but the partial results suggested the party was within reach of the coveted two-thirds majority that would allow it to make sweeping changes to the country's constitution.
Angola rivals Nigeria as sub-Saharan Africa's biggest oil producer.

Full details below

http://english.aljazeera.net/news/africa/2008/09/200897511910317.html

Well it looks like CVI have done their dash and steered their ship into the rocks ........no one will touch CVI now as they have pumped up the promotion of the oil deal without success........funding is tight in all areas of business but CVI have a bad habbit of suggesting the deals are done when in actual fact there has been no paperwork to suggest or support Mark Smythes bleeting ............CVI have lost all credibility, glad i sold out in the last significant run up.........i hope they sort it out for the sake of the remaining shareholders but CVI have proven time and time again that they cannot be trusted to provide factual information!!!!!!.......show me where Penesador actually had a letter of intent to fund this 1.1 billion deal ????? laughable.........do Penesador actually exist.....?? MS has spent plenty of time on BRR pumping up the shareprice but nowhere can i find an actual document to suggest Penesador would fund this so called pie in the sky deal..........I doubt whether the oil refinery will ever get to the table..........goodbye CVI as i believe they will go into receivership inside 12 months............ciao SCHU
 
Re: CVI - Cityview Corporation

Well Friday was a complete disaster for CVI, that said a good flush out of old investors was met with a whole new breed of investors.

Should make for interesting times ahead.

I am sure these new investors will want to see a return on their invesment so I would expect a fake rally to occur this week:2twocents
 
Re: CVI - Cityview Corporation

CVI have nothing, sorry!! they have lots of shares. Lets look at what they have told us, the refinery, MS (BS) tells all of you that it will flow LPG and MOO gas, what a joke, you cant get LPG or MOO gas from a refinery, MS is a lot like MILK4PROFIT on HC, He Googles up some thing and hopes for the best.
Lets have a look at what MS has done for all the companies he has worked for, thats a joke. CVI have been done over in Angola big time, just like all the CVI share holders.:banghead:
 
Re: CVI - Cityview Corporation

CVI have nothing, sorry!! they have lots of shares. Lets look at what they have told us, the refinery, MS (BS) tells all of you that it will flow LPG and MOO gas, what a joke, you cant get LPG or MOO gas from a refinery, MS is a lot like MILK4PROFIT on HC, He Googles up some thing and hopes for the best.
Lets have a look at what MS has done for all the companies he has worked for, thats a joke. CVI have been done over in Angola big time, just like all the CVI share holders.:banghead:

Pilots....iTS A DISGRACE! MS knew this deal wasnt going to proceed....MS could have announced much earlier but he did not....why you may ask???/ because he allowed insiders to get out while they could......hence the very recent run up to 11c ....can you believe it!! 11c to 2.7c in a matter of a few weeks.............MS is a disgrace and should be questioned about it immediately............where is BRR live cast when its really needed.........MS wont do a BRR on this as he cannot be straight with shareholders............

cheers Schu
 
Re: CVI - Cityview Corporation

there is one other thing that i need to pubically mention.........a few weeks ago i called up the office in PERTH......I asked to speak to the investor relations person. the responce was we are too small a company to have an investor relations and that this chap and MS were the personell who run the company.............the person i spoke with was the company secretary.......i asked him a few questions.........does CVI have enough cash to continue operating??// my question wasnt actually answered.............i then asked why is the shareprice trading around 4c-5c if the company was such a good investment ....he said that he cannot control the sharprice and in that it could go to 2c for all he knows........mmm then hey what happens a week or so later.....it trades at 2.5c for the first time in a year or longer................

..........and then what about the oil refinery that it will be bought with a capital raising for 150 million at 20c by professional investors.....????(why would they invest in it at 20c when the shareprice was a fractionof this)............whe will CVI get the funding deal from Penesador?? there was not really a direct answer, but the comments came back to me that suggested that the penesador deal was not dead..............once again the mums and dad investors got mislead............thiere so=hould or could easily be an enquiry into this company and MS should front up to shareholders.........i will NEVER buy into CVI again ,,no matter what BS comes out of MS,s mouth...........PWC valuation means nothing if theire is nothing to show that CVI actually hold the copper leases..............do they???? who knows? perhaps thats all bull shi* too!!!!!
 
Re: CVI - Cityview Corporation

Schu, I liked the bit how some people on HC was getting E Mails from MS/BS each week, now you would think that some one with so many things going on, you know the transport game, gold ,diamonds, copper, oil, he would have time to talk to the ramp team on HC, I see the ramp team are still tell us it is a good deal. I still like the bit that he had 1.1Mil US funding, what a joke.:D
 
Re: CVI - Cityview Corporation

:)

Hi folks,

CVI ... due to fundamentals, there's a lot of negativity around CVI right now,
but we expect a couple of positive cycles to lift this one off its lows, later
in the week, about 10-13102008 ... :)

Updated CVI chart attached.

have a great day

paul

:)

=====
 

Attachments

  • CVIupdate03102008.pdf
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Re: CVI - Cityview Corporation

CVI moving up nicely off its all time low of 1.3 cents, pushing into the 1.6 cents today, how sweet;)
 
Re: CVI - Cityview Corporation

CVI moving up nicely off its all time low of 1.3 cents, pushing into the 1.6 cents today, how sweet;)

Not sweet at all unless you actually did buy them under 1.6 cents.

Where is Skiper these days? He used to pop up and ramp these guys whenever they had an announcement... Fairweather fan obviously ;)
 
Re: CVI - Cityview Corporation

Not sweet at all unless you actually did buy them under 1.6 cents.

Where is Skiper these days? He used to pop up and ramp these guys whenever they had an announcement... Fairweather fan obviously ;)

Just patiently waiting for news on Refinery Prawn, and hopefully a drilling:rolleyes: program to Jorc up Copper
 
Re: CVI - Cityview Corporation

Looking at the report today we are BROKE.:banghead: Opened at 1.6 closed at 1.4, how long B4 it is .5 of a cent??
 
Re: CVI - Cityview Corporation

Yes I am bit worried too about the funding too, that said, Mark seems to always come up with a magical, mystical, and suprising ways to get funding.

Just wait for the next funding agreement, I am sure its just days away. I am sure he is still in contact with all the boys who once offered funding, and will continue to do so in the future
 
Re: CVI - Cityview Corporation

But the last lot of funding was when the SP was a lot higher, now would you give CVI any money just now, I would not.
Until MS(bs) gives us a contract on paper for all to see, the SP will still drop, every thing he has said is, we are in negotiations, get it on paper for all to see.:D
 
Re: CVI - Cityview Corporation

Share price bouncing between 1.3 and 1.5. On a postive note at least all the large selling over the past 5 months has stopped, Phew!

Now we need a new funding agreement:2twocents
 
Re: CVI - Cityview Corporation

Non Renounceable Entitlements Issue to raise up to $6.2 Mil.

Being undertaken on the basis of 1 new fully paid ordinary share for every share held, at an issue price of 1.25c per share
 
Re: CVI - Cityview Corporation

Heres ya dates:
Record date for entitlement to participate in the issue: 18/11/08
Documents dispatched to shareholders: 21/11/08
Closing date for offer: 05/12/08
Allotment date: 12/12/08
Holding statements dispatched: 15/12/08
ASX Trading of new shares commences: 16/12/08

fast grab the way i like it
 
Re: CVI - Cityview Corporation

Mate why would any one buy at 1.25, when you can get them in the market for one cent?????????/:banghead:
 
Re: CVI - Cityview Corporation

*MODS if you feel this is out of line please delete*

This company is the biggest joke on the ASX. No ifs, no buts, no nothing.

Always with the wishy washy announcements; nothing in concrete...always yeah we got it just haven't signed it. And now look? A sexy downtrend. And now they want to raise capital? You have got to be joking me...they just print shares and money...absolute joke.

I am actually disappointed that ASIC have not investigated them. The CEO was renowned for telling holders things were "sealed". Even the announcements...GAH

I did run my mouth off a few pages back...although I can't offer investment advice I hope I gave people the opposing view to the "commodities basket and next BHP" that the CEO proposed.

Absolute tripe. And god bless me for leaving this a long long time ago.
 
Re: CVI - Cityview Corporation

JTLP. Not long ago they had 1.1Bil US$ line of credit, now they need 6Mil, have they spent the 1.1, or was that just one more feel good story.
I only hope that some of the big time rampers that was getting E/Mails from MS(BS) each week are still holding this stock:D
What did surprise me was that MS(BS) did not stitch up any deals on coal or uranium, hell we had EVEY other thing on earth in our basket, LOL.:D
 
Re: CVI - Cityview Corporation

They actually "started" with Uranium back in early 2007, when Uranium was flavour of the month. That just died off.

No coal but lots of talk of Iron ore.

Never ends!
 
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