Cro And Ursa Merger Pending- Buy Low To Sell A 5 Bagger Later

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¢.

Bids Building

Throw Some Cash At This and Triple In 45 Days

- 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

PDP Ready To Break Out On This News

Petrolifera to begin La Pinta testing on June 6

2009-06-05 09:12 ET - News Release

Mr. R. A. Gusella reports

TESTING OF PETROLIFERA'S LA PINTA WELL IN COLOMBIA TO COMMENCE JUNE 6, 2009; DEADLINE FOR ARGENTINA BIDS EXTENDED TO JULY 10, 2009 AT REQUEST OF PROSPECTIVE PURCHASERS

Petrolifera Petroleum Ltd.'s testing of its La Pinta No. 1 well on the Sierra Nevada licence in Colombia is anticipated to commence on June 6, 2009.

It is expected that the complete testing program will require between seven and 10 days, after which the rig will be released from the La Pinta No. 1 location. Results will be communicated by way of press release when they are conclusive and testing is completed.

The company also announced that at the request of a number of interested parties, the deadline for submission of bids related to the potential purchase of Petrolifera's Argentinian operations has been extended until July 10, 2009.

We seek Safe Harbor.

A Small Public Float= A Fast Rise To The Top

55 Million Shares

ARGENTINA Assets:

Petrolifera had a busy and productive first quarter of 2009 in Argentina. The principal event was the decision taken to initiate a process to dispose of the company’s Argentinean operations. This decision was not taken
lightly as Petrolifera had fared well in Argentina, while clearly being a strong corporate citizen during an approximate four year period from 2005 to the present. During this time, the company made a number of significant discoveries which added considerable reserves, production and sales. These also resulted in the
payment of considerable royalties and income taxes during this period. We also enhanced shareholder value and our success in Argentina and strong reinvestment program contributed to job and wealth creation for the Province of Rio Negro and the Country of Argentina. Nevertheless, with worldwide capital sources now constrained and numerous prospects of greater magnitude available to Petrolifera in Peru and Colombia, we determined an exit was the best alternative at this time, provided a suitable and fair price could be secured from a purchaser intent on recognizing and realizing the remaining considerable potential of Petrolifera’s holdings in
the country.

We retained Tristone as our advisor in the process and anticipate opening the data room in mid-May 2009 and receiving proposals on or about June 18, 2009. Thereafter offers will be assessed and with Tristone’s assistance,
we will determine which, if any, of the submissions meet our objectives.
We are hopeful the operations can be sold as a going concern in order to maximize employment opportunities for our Argentinean staff, both in Buenos Aires and in the field at Puesto Morales Norte. We also anticipate that
our recent success at Gobernador in identifying what could prove to be a significant heavy oil resource (approximately 19 degree API crude oil) will influence the sales process.