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Cheers
Our NEW stock pick for Friday is
CYRS - http://finance.yahoo.com/qs=
CYRS..OB
CYRS made a big move yesterday as it closed up 13%.
CYRS yesterday announced an investment in a joint venture with Oxalis Energy. Read the Article here - Cheyenne Resources Invests $150,000 in Joint Venture With Oxalis Energy
Cheyenne Resources Corp. also recently made a $105 Million Revenue Announcement
CYRS announced that, "Assuming an average continuing price of $70 per barrel, that would result in potential revenues of $105 million.
Management continued by saying, "The reason for the suggested increase in the reserves is that this newer report puts the water saturation level at closer to 10%, compared with the original factor of 23% that was used. If this is correct, then management`s estimates could be significantly higher." Read the Article here - Cheyenne Resources Reports on Planned Recovery Strategies for its Scotts County, Eastern Tennessee Oil Property
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CYRS is positioning itself to be a major player now for both oil and gas as prices as each look to rise during our heating months ahead.
CYRS could be develop into a solid winning play for early entrants since Money Flow could INCREASE.
And that normally translates into one thing: higher share prices.
The Crew
Otcstockexchange
email: info@otcstockexchange.com
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