Cuervo Resources Inc CRVNF

Good Performance

[leakeybill]

Find did a great job of building a pretty major gas plant on time. I wonder about the on budget portion. I talked with the management and once the plant is full there is still a lot of excess plant capacity in the area so for pembina gas I dont see any bottle necks, the challange will be managing fields that come on big and decline quickly. 5100 boe and the plant only working at 60% of capacity I am pretty sure the will high to 6000 boe mark in the next month. The may be a few production interrupitons getting the quirks out of a new plant. I expect to see this stock top 12 dollars by the end of the first quater and the question will be living in the midst of trust alley how long can they fend off becoming a trust themselves. Does anyone have any feeling for finds 2006 targets in terms of production and do the have the land to execute a 2005 repeat.