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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 ttibsenon Feb 12, 2005 1:11pm
108 Views
Post# 8580497

RE: Bottled Water Anyone?

RE: Bottled Water Anyone?Since the price is way below the point at which I bought in - I too believe that it's undervalued. What else would I think? But the lack of trading and therefore interest in this dog bothers me almost as much as the stagnation in the price over the last year. I fervently hope that your prediction of << As these wells come in the price should move >> proves to be correct but the past performance of this company doesn't give me much hope. Like with all their other past plays these wells may gush nothing but water. One final question - since you think it's undervalued - what share price do you think represents a fair valuation for CWV ?
Bullboard Posts