Replies to post #3110 on Value Microcaps Free-For-All

[Bobwins]

CNR, don't trust mgmt, wells have huge reserves but they can't get it out of the ground. Weatherford is a big player in coiled tubing. Supposed to be the best. They are giving up after 9 months of trying to get these wells to flow. CNR is hinting it's Weatherford's problem but I think these wells are going to be a constant problem.

This is the second year in a row that CNR mgmt has predicted huge rampups in production to 4000-5000bpd from 800. This is the second year in a row where they will not make their numbers.

Mgmt sold shares into the market before the move to AMEX last year. They personally profited and then hit 800bpd at 12/04 instead of their projected 4000. Too many other opportunities with good solid drillers to trust these guys with your money. Bobwins

[John Bates]

CNR- I see EnerCom is letting them talk, FWIW.