I gotta say, I do not understand the present action on this stock unless people have been bitten too hard in the past!

 I'm amazed at the lack of interest in this possibility!

 Maybe its my lack of understanding, I gather that CQV has gone through some tremondous losses as it ws backed by one of the larger Texan oil companies and allowed too much money to be spent on the last hole that ended up dry. I guess that they wanted CQC to go  belly up. Fortunately a group of investors got together to hole up CQV's interests. 

As Future seismic activity showed that the drilling missed its intended target ie there is a big pocket of something with the drilled hole going underneath it. The pocket either holds water or oil. If its oil then it being accesable from land in newfoundland would be huge.

 At this juncture I think its a 50/50 chance if not better that a huge amount of money could be made here.

 Anybody have some input? I sure would like to know if I'm exposed to something that I should run away from.