RE:RE:La Hoyada results will be announced on June 21stLittleveeks,
Yes I managed to go to the Epac conference yesterday and I also went
to the Annual meeting today.
The dumping of the stock the last few days does worry me and makes me wonder
if someone in the know has negative info and is acting upon it . Having said that the stock
today performed quite well. Someone was buying constantly throughout the session and CWV
closed in the green on heavy volume.
Anyhow, in less than two weeks we will find out.
On the other hand, CWV's partner in TDF just got approved for the New gas incentive program by the government and CWV applied with them on the same day, they expect the approval by the end of the month. That should change their cash flow dramatically next year after all the new wells come in production.
CWV also entering into a bidding process on two separate blocks, one directly west of Cerro de Los Leonos and the other block directly north of it. There are multiple companies bidding and CWV should find out the results in a few weeks.
CWV also plan on doing 3D seismic on the northern part of the CLL block later in the year.
GLTA
Deadcow