Cuervo Resources Inc CRVNF

re: Q3

[rfk67]

The numbers are good and will be better soon. They're doing an annualised CFPS of around $1.20 now and it's going higher. I can see it north of $10 easily in a few months as long as the commodity prices hold. I still think it's a takeout target sometime in '06 but there's a good gain to be had from here with not much downside.

[duckhouse]

They have made it no secret from the start that they were building this company to be sold. Too bad the compessor will be slightly delayed but this is the oil patch not a diner. With the continued success with the drilling bit & the compressor on line, I can't wait to see what their production will be at the end of June. Betting they are sand bagging a bit, I'm going to throw out