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Crown Point Energy Inc V.CWV

Alternate Symbol(s):  CWVLF

Crown Point Energy Inc. is an international oil and gas exploration and development company. Its exploration and development activities are focused in four producing basins in Argentina, the Austral basin in the province of Tierra del Fuego, the Neuquen and Cuyano basins in the province of Mendoza and the Golfo San Jorge basin in the province of Santa Cruz. 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-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. It 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. It has interest in the Piedra Clavada and Koluel Kaike hydrocarbon exploitation concessions. The Santa Cruz Concessions are in the Santa Cruz Province.


TSXV:CWV - Post by User

Bullboard Posts
Comment by Fundspecon Feb 14, 2015 6:28pm
113 Views
Post# 23430962

RE:RE:RE:cwv vs laig

RE:RE:RE:cwv vs laig
You two Clowns must work for Crown Point!! Why else would you vote to continue with current management's value destruction of CWV and incoherent strategy, no accountability and poor governance.

They spend over $20 Million drilling 18 holes all over the EV Block, evaluating it at $87 Million initially, then sell if for $525,000.

WHO ELSE WOULD EVER DO THIS?????? IT'S ABSOLUTELY DISGRACEFUL!!!

They have no IR to develop the market price of their securities. They (management and directors) don't want to own their stock. They spent a Ridiculous $5.5 Million per year on a small company that has a 1500 bopd production and they have 25 persons employed when they are not operator of 95% of what they did last year. THEY ONLY WANT YOUR VOTE TO ENTRENCH THEMSELVES INTO THE NEXT 5 YEARS OF HUGE SALARIES!!! THEY DONT CARE ABOUT THE MARKET PRICE OR YOU AS A SHAREHOLDER!!!!

Give your head a shake people.... You cannot be that Stupid to let current Managers and Directors destroy what value remains in CWV!!!! LOOK AT THE HISTORY AND EXPECT MORE OF IT FROM THESE CLOWNS IF THEY ARE ALLOWED TO CONTINUE RUNNING CROWN POINT!  

Fundspec
Bullboard Posts