Cuervo Resources Inc CRVNF

RE: It's Only A Guess

[Garthk17]

Are you sure it is not the Normal Course Issuer Bid, which I believe has nothing to do with the private placment. I copied the attached excerpt from a Find Report: "Normal Course Issuer Bid The TSX has accepted Find’s Notice to Make a Normal Course Issuer Bid (the “Normal Course Bid”) to purchase from time to time, as it considers advisable, up to 2,422,346 of its 33,608,776 currently issued and outstanding common shares (being no greater than 10 percent of the public float) on the open market through the TSX’s facilities. The price that Find will pay for any shares purchased by it will be the prevailing market price of such shares on the TSX at the time of such purchase. Common shares acquired under the Normal Course Bid will be cancelled. The Normal Course Bid will commence on June 2, 2005 and will terminate on June 1, 2006 or such earlier time as the Normal Course Bid is completed or terminated at the option of Find. Find believes that the acquisition of its common shares represents an appropriate use of funds. The purchase of common shares will increase the proportionate interest of, and be advantageous to, all remaining shareholders. In addition, the purchases by Find may increase liquidity to Find’s shareholders wishing to sell their common shares." If Find is indeed attempting to raise the price, is the money coming from the funds that it has raised. What will happen if the source of funds dries up? I am trying to figure this whole investment world out. I have much to learn. Garthk