Canadian Oil Recovery Ltd (fka CRVYF)

[joan3]

I still think the company as potential BUT the biggest thing is NO current contracts. I was just looking at one of their financial statements that show they were in Kuwait by 2009. I know they have set up a station there in that time. But how many years does one need to get a contract if this type of remediation is so much in demand? I realize the Kuwait govt has stalled on these contracts for many years....but still....should the company not have had active contracts by now and growing on an annual basis. I think if they get one Kuwait contract, it should be good for a bit of a pop. But if they don't get it ( and this is the danger of a business based on having to bid to get business through contracts ), the stock will fall.

I just can't see this stock really taking off anytime soon...it all hinges on getting contracts....and more than one of them. Hard to see this as a stock that would have a lot of growth in it.