Microangelo Animator is used to create and edit these types of files.
Cursors only contain 32x32 size images - Studio will enforce this rule when opening or saving resources. This is the only size that Windows desktop platforms support. Icons can be created in 32x32 or 48x48 sizes.
Cursors have a hot spot. This is the pixel whose screen position is sent to your programs. Studio enables the Hot Spot tool when editing a cursor file.
Select New from Animator's File menu.
Select the type, size and color depth of the new icon or cursor.
Select OK.
Select Open from Animators's File menu.
Use the Open File dialog controls to locate and select the file.
Select Open.