Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cuervo Resources Inc CRVNF

"Cuervo Resources Inc is an exploration stage company. The Company is in the business of acquiring, exploring for and developing mineral properties in Perú."


GREY:CRVNF - Post by User

Comment by jamieb3on Mar 11, 2006 1:08pm
244 Views
Post# 10498505

RE: Reserve Report - FE "expensive"???

RE: Reserve Report - FE "expensive"???"IMO Find is very-well managed and has good potential. However I believe it is over-priced considering their present proven reserves. This is supported by comparing FE to other juniors with similar or greater reserves or production (Oilexco, CLL, UTS, AEN ect). The fact of their low number of shares issued is very positive." FE has a PE of about 32. Oilexco has a PE of about -32 CLL has a PE of about -77 UTS has a PE of about -653 AEN has a PE of about -12 To try and say that FE is expensive in relation to any of these four companies is laughable. None of them even has earnings! As far as the reserve report goes - the market says two thumbs up - way up. A combination of events has put natural gas at an almost all time low against oil. It isn't going to last. The shoulder season is currently priced in. We are on the verge of the summer rally.
<< Previous
Bullboard Posts
Next >>