Cheyenne Resources Corp. - CYRS

What is so great about CYRS and why you should invest:


1) We are seeing heavy upside volume returning to the stock suggesting accumulation at current levels.
2) The MACD is above the "0" line suggesting a "Strong" bullish trend. The signal line has also turned higher.
3) The stochastics %K has crossed back above the %D line from near the 20 line. This suggests that higher prices are possible.
4) The stock continues to test its minor resistance just under 33 cents and the more times it tests this level, the more likely it will ultimately penetrate it and possibly move higher.



Here is an overview of CYRS, what it does and why we are high on the company (and the stock).

CYRS is a oil and gas exploration company whose strategy is to develop a mix of:

1. Low-risk properties that consistently add cash flow as new wells are brought on-line, and
   
2. Higher-risk/higher-reward projects that could add hundreds of millions of dollars in reserves. 
   

CYRS seeks to find "low risk" properties that have PROVEN oil reserves in them.  According to the company, many oil and gas fields stopped production in years past because the technology did not exist to profitably extract the resource.  With the advancements in technology, companies like CYRS are able to re-open such fields and cost-effectively exploit the oil or gas within.

The Company has several projects it is currently working on including...

·         The development of 200 natural gas wells -- in 10 well increments -- in Crockett County, TX.  <>

·         The development of a secondary oil and natural gas recovery program that is comprised of 40 wells, with a 10 well at-a-time recovery program in Jim Wells County, TX - <<with proven reserves of 30 million barrels of oil and 17 billion cubic feet of natural gas>>

·         The development of a secondary oil and natural gas recovery program developed initially with five oil wells in Taylor County, TX. <<with proven reserves approximate 3 million barrels of oil equivalent.>>

·         Several  other projects, which will be described in more detail once the information is made public.

                                                                                                                                                                         Source:  cheyenne-energy.com

This is part of an email I had received this morning.  Check out the source link for more information and for the full report.  Don't miss out on this one!