Crown Point Energy Inc V.CWV

Alternate Symbol(s): CWVLF

Energy Oil & Gas E&P

Crown Point Energy Inc. is a Canada-based junior international oil and gas exploration and development company. The Company’s exploration and development activities are focused in three producing basins in Argentina, the Austral basin in the province of Tierra del Fuego, and the Neuquen and Cuyano basins in the province of Mendoza. The Company’s projects include Cerro de Los Leones, Tierra del Fuego, and Chanares Herrados. The Company 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-operated 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). The Company has a 50% non-operated working interest in the Chanares Herrados Exploitation Concession in the Cuyano Basin representing a total of 10,057 gross acres (5,029 net acres).

TSXV:CWV - Post by User

Crown Point Energy Inc

Bullboard Posts

Comment by oilandgas111on Apr 18, 2012 11:06am

195 Views

Post# 19807363

RE: RE: RE: Andes Energia

You don't like reality.

It is has simple has that 50% chance CWV is expropriated as fews analyst are scared (if you read their comment) now and 50% chance they are not expropriated as people like you are betting.

It is just a question of probability and the kind of risk you are able to take.

If they are not expropriated the 60 cents support should hold

Should they be expropriate this stock is going to 25 cents (the price of the cash on bank)

As simple as that.

Just invest what you ca afford to lose. This is the first rule of investing.

Bullboard Posts

First Nations contributions attract investor interest