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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: GARY P GROBBEL who wrote (26640)12/17/2004 4:38:41 PM
From: Crossy  Read Replies (1) of 120415
 
re: KRS.V - COVERAGE ! - Kroes Energy - C$ 0.75

COVERAGE INITIATED !

Just talked to Stewart Gossen of Kroes Energy and learnt that Credifinance analyst Bill Magee, CFA recently issued coverage on KRS.V (Kroes Energy) with a STRONG BUY rating and a 12month target price of C$ 1.20

he cites a NAV of $1.83 after the transaction and stresses that this NAV is calculated on an oil price basis by year 2003 exit - more than 35% lower than now..

this gets more and more exciting.. Gary - many thanx for picking this up !
CROSSY
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