Compass Venture Inc T.CVI.A

Investecrat - From last UBS report on CVI

[Anewtrader]

Quotes form UBS report on 2007, november 13 "The market continues to anxiously await further details on the pipeline, including on-stream dates, costs, productive capacity, financing etc. Until management can quantify these items, we would not be surprised to see the stock continue to trade at a significant discount to our NAV estimate. That said, we continue to maintain our long-term view on the company, and we beleive the quality of the assets will be demonstrated with an accelerated drilling program. In particular, the exploration drilling which commenced in Q3 could generate meaningful upside surprises should commercial discoveries be made." "Despite the operational setbacks, we continue to believe Calvalley presents a unique investment opportunity with its operator position on block 9...With two drilling rigs operating on the block and one focusing mainly on exploration targets, Calvalley is likely to add substancial reserves at year-end." That said... nice volume yesterday! Something cooking