RE: RE: oilandgas111If I can get to double my position in the 80s I would be much more happy than if it just goes to $1 tomorrow and never drops any lower. Hope that gives you an idea for what I am looking to do in the coming days. Once the PP is closed on Dec 15th, this company will have more than sufficient cash to carry out their 2012 drilling (between 30 and 40 wells -- this is a big drilling program for such a small company, enormous upside for 2012) and don't need to worry about any financial turbulence that may be coming in the next couple weeks and months to global markets.
After Dec 15th, CWV can just concentrate on their drilling for 2012 and never need to worry about financial markets -- also, they can exit 2012 with more than 2000 boe production per day production. So if I can get an opportunity to buy in the 80s I'll be more than excited to double my position.