Replies to post #48 on Novus Energy Inc fka NVS

[futrcash]

New Corporate Presentation-

http://www.novusenergy.ca/en/documents/presentation/nvs-4-4-2012-corporate_presentation.pdf

These wells while not barn burners have been completed at a 100% success rate,and are providing a return rate of 1.3-

Novus projects > 4000 barrels/day by end of year 2012 which will make them cash flow positive-

Growth remains very robust and impressive.

futr

[futrcash]

Finally bought a decent position here-

I like the growth projections and believe Novus to be grossly oversold down here-

futr

[futrcash]

The company said it would exit the year with production at 4,500 boe/d.

futr