Replies to post #17693 on CAVU Resources Inc (CAVR)

[Talc Moan]

Based on recent posts here and how tight the float looks held with 1 mm only under .008 looks like well too was full operable just had so much gas they had to hire a company to collect all the gas... So #2 should be up and running.

Next will be more wells...

We are trading well below fair value IMO.

Time will tell! Goooooo CAVR

[Leigh01]

Exactly one of the reasons you list is why I think CAVR can go to .04 by the end of November.

I believe Billy is working diligently to bring the other 3 wells online and he will be successful.

That said, I'll base my numbers on just 3 wells producing oil.

I'll base my numbers that the 3 wells pump oil 351 days a year allowing for maintenance/weather etc.

Again conservatively, the 3 wells in total produce 75 BPD.

75 BPD @ 351 days per year = 26,325 BBL annually.

26,325 bbl @100 per barrel = $2,632,500 annual revenue on the 3 wells.

Assuming 35% goes to bottom line is $921,375 profit. This could be higher.

With roughly 525,000,000 EPS would be .0017 with a conservative multiple of 20 times earnings we have a PPS of .0351.