I am recommending that you buy small-cap exploration company Cobra Oil & Gas (CGCA) at the current $1 per share level. When I first discovered Cobra Oil & Gas in a special report from the editor of Economic Advice, I was amazed at how quickly this junior exploration company had attained a controlling position in America’s richest and untapped oil field – right in Utah. I was also impressed that James Rapholz broke the news first that Exxon had taken a 12.5% interest on the leases held by Cobra.

In addition to my fundamental buy recommendation on shares of Cobra Oil & Gas (CGCA) at the $1 level, I want all my fellow Contrarians to keep a few things in mind. Over the past 40 days:

• The CGCA share price moved from below $0.50 to an intra-day high of almost $2
• The daily average trading volume for CGCA has increased to over 1.6 million shares
• The running total of CGCA shares traded is now over 45 million shares

I have just issued a full report on Cobra’s projects in both Utah and Montana – and I urge you to call our toll-free number at 877-300-6205 or email us at info@ContrarianPress.com to request a copy of this report.

Please keep in mind that it is highly probable that the CGCA price-pattern will continue to fluctuate drastically over the near-term. This stock is not for the risk-adverse or the timid. Cobra Oil & Gas is an aggressive stock situation that can create shareholder fortunes. Yet, if your objective is to create substantial wealth, you must have aggressive stocks like Cobra in your portfolio.

Right now, the primary catalyst for a continued rise in the CGCA share-price is the estimated 4.5 Billion barrels on Cobra’s Utah property according to the U.S. Bureau of Mines. Next, combine this with the U.S. Energy Information Administration statistic that 20,680 barrels of oil are consumed each day in this country for an annual total of 7.5 Million barrels. Now, in direct conclusion, Cobra Oil & Gas could realistically satisfy U.S. consumption for more than 140 years. One can only imagine how high the CGCA share-price can go after such a rapid transition to major-producer status and $Billions in long-term revenues.

In Montana, to date, Cobra Oil & Gas has drilled 39 targets and has found oil 39 times. This is an incredible success streak that indicates mammoth future potential. It is also a tribute to the skill of Cobra’s exploration team. CGCA is definitely a stock you want to own – especially now while it’s still at the $1 level.

I credit James Rapholz with being the first to find the high profit-potential that is Cobra Oil & Gas. He is the editor of Economic Advice. When I read his report on Cobra’s astounding progress in Utah and Montana, I realized that he could be onto something very big. Mr. Rapholz must be part hound-dog when he uncovered Cobra’s deal with Exxon. In fact, all his Cobra research is top-notch and available at:

http://cobrapick2.com

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