Ursa Major, Canadian Arrow explore merger this will triple on this Merger

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Throw Some Cash At This and Triple In 45 Days

Ursa Major, Canadian Arrow explore merger


00:00 EDT Tuesday, May 26, 2009

Canadian Arrow Mines Ltd. CRO-X and Ursa Major Minerals Inc. UMJ-T are considering a strategic merger that would lead to the creation of a mid-tier nickel producer in Ontario. The companies said yesterday they envision an equity swap that would have Ursa Major buy Canadian Arrow. The combined company's board would have three members nominated by Ursa Major and two by Canadian Arrow. Representatives of the two companies would also hold senior management positions. Ursa chief executive Richard Sutcliffe would be chairman of the board and CEO of the combined company while Canadian Arrow president Kim Tyler would be president and chief operating officer. The combined company would have reserves and resources containing an estimated 200 million pounds of nickel, plus significant copper and precious metal byproducts. Ursa Major shares haven't traded since May 21, when they closed at 14 cents on the Toronto Stock Exchange. CRO (TSXV) rose 1¢ to 7¢.

- This company has connections to very well funded mining operations through decades of experience. I believe Mr. Tyler when he says they are speaking with 5 strategic partners for completion of there project through joint ventures. Joint venture speculation could drive our sp into a frenzy.

- The drill program which comprised our 253 million dollar property is open at depth and further drilling could significantly increase the resource. Some of our strongest results were on outer edges of the drill zone. De-watering of the 2500 meter mine shaft will allow them to get at these areas. The intersection I speak of is the 7% nickel over 5 meters that intersection comes from the end of the drill core. Further exploration could offer up amazing results. 0 summer 2008 drill results out, any significant finds in mine ready atikocan or kenora/dryden properties will lift stock.

- The company has contractual agreements with Opiwica explorations (OPW) on the TSX.V to mill there major gold and copper find with in close proximity of Canadian Arrows Planned site. Mining could begin on both projects in early 2010. This represents earnings and is a good partnership for a company seeking to be the next significant Nickel Copper producer in Canada.

- Canadian Arrow has the ability to produce nickel in its mine at 3.47 per pound nickel. That kind of number is unheard of in comparison to other mines. With production scheduled for early 2010 (around the same time our economy should be significantly rebounding) what if nickel prices return back to 15 dollars per pound? This site will look like a gem to any investor! (plus the property would be worth about 400mil at 15 dollars per pound nickel.

This is just a few of the key points that I believe make this company look attractive. If my predictions are correct we will see a significant rebound to normal multiples over the course of the next couple of months and with any significant news pertaining to my points and our sp and volume will be sent soaring. JV with cash on the books and abilitiy to help put project into production will send our sp back to .50 if not higher! I am Bull on Canadian Arrow mines.

Source

Review This .pdf 12 page report:

http://www.chfir.com/CRO_Valuation/CRO_ValuationReport.pdf

Opti Canada momentum appears to be reversing

Opti Canada momentum appears to be reversing


Lou Schizas
Friday, May 22, 2009

Hi Lou,

I check on to tour the site daily. As usual it is very interesting and informative. Keep up the great work. I wanted to get your opinion on Opti Canada . Would this be a good time to buy Opti for the long run. They are partners with Nexen and rumoured to possibly be bought out.

Thank-you,

Steve

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Hi Steve,

Opti Canada has been on fire since March 09,2009 when it traded around 61 cents. Opti is a story of a marathon runner hitting the wall at the 24th mile and having to dig deep to finish the race.

Opti has a 35 per cent non operating interest in the Long Lake Oil Sands project which is experiencing a drag in production start up. Nexen is the major partner and operator with a 65 per cent interest. Opti sold a 15 per cent stake in the project to Nexen in December of 2008 for $735 million to raise cash.

Opti has $1.75 billion in long term debt due in 2014 and needs to meet another cash call by September 30, 2009 to satisfy covenents of its $350 million line of credit.

Thats the financial risk. The reward is a 35 per cent interest in a 2.2 billion barrel reserve which when the project is fully operational will yield 20,000 barrels a day of black gold.

There is also operational risk. The problem in the start up has been attributed in water handling but some of the rumours suggest that there are problems with the reservoir. The Long Lake project has taken longer than forecast and also had to carry higher cost.opc

The chart indicates a stock that got a good lift from the market rally and a further push on takeover speculation. The RSI indicates that the stock got overbought and has pulled back. MACD is also signalling a reversal.


If you are going to enter a position you want to confirm support at $3.00 if it doesnt hold there $2.50 offers support. The current chart seems to be forming a double top which is a reversal pattern which after a run from 61 cents it wouldnt come as a big surprise if some investors are going to take some cash off the table.

Happy Capitalism!

Lou Schizas

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