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Crown Point Energy Inc V.CWV

Alternate Symbol(s):  CWVLF

Crown Point Energy Inc. is a Canada-based junior international oil and gas company. The Company is involved in the exploration for, and development and production of petroleum and natural gas in Argentina. The Company’s projects include Cerro de Los Leones, Tierra del Fuego and Chanares Herrados. It has a 100% working interest in the 101,208-acre Cerro de Los Leones Exploration Concession located in the Neuquen Basin. It has a 34.74% non-operating working interest in the Rio Cullen, La Angostura, and Las Violetas Exploitation Concessions in the Austral Basin of Tierra del Fuego, representing a total of 489,000 gross acres (169,880 net acres). It has a 50% non-operating working interest in the Chanares Herrados Exploitation Concession in the Cuyano Basin, representing a total of 10,057 gross acres (5,029 net acres). The Company’s subsidiaries include CanAmericas (Argentina) Energy Ltd. and Crown Point Energia S.A.


TSXV:CWV - Post by User

Bullboard Posts
Comment by STVPon Dec 01, 2011 9:35am
188 Views
Post# 19282466

RE: RE: Nice Cross

RE: RE: Nice Cross

Yesterday's volume was due mostly to a 1 million cross by Canaccord. There was only two big sellers, both international - Citi and UBS sold 150K and 161K respectively due to month end and taking their tax losses. Not concerned by this one bit and as I stated earlier, if I can get to buy a lot more in the 80s I will absolutely be buying as 2012 looks way too good to keep my current position size. In either case, I will be buying before the financing closes but being patient to see how low a price I'll get (worst case is I'll buy between 95 cents & $1 before financing closes). Try finding another who is fully financed to drill over 30 wells in 2012 and has a perfect track record on drilling.

  

Bullboard Posts