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caribou resources (cbu)

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By shadow

Posted: Wednesday Apr 19 8:36:54PM 2006

up $0.19 or 8.64% today on active trading. there!s lots more upside for cbu.

By shadow

Posted: Sunday Apr 16 12:21:05PM 2006

Is anyone else following this company? I have held a moderate position for more than 2 years and the company has not done a lot. I think this is about to change.cbu reported 2005 results on thursday just before the market opened and investors liked the news driving up the stock 10% on the day. the stock is still down from its average trading range that it has traded at in the last 12 monthes. Production growth is up 157% in the last year(587 boes per day in 2004 to 1506 boes per day in 2005}.CASH flow is up 179% in 2005 over cash flow for full year 2004{$0.53 per share compared to $0.19 2004}. Reserves have also increased substantualy and best of all the stock is trading at a huge discount to its nav. (closing share price $2.20 nav. discounted at 5%-$3.76). Based on these factors i think caribou has significant upside but i am interested in other posters views.

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