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Bullboard - Stock Discussion Forum 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... see more

TSXV:CWV - Post Discussion

Crown Point Energy Inc > Argentina's New Government
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Post by Schussing56 on Dec 14, 2023 6:56am

Argentina's New Government

Javier Milei, Argentina's new President, is implementing emergency measures, to try to fix the ailing economy including, devaluing the Argentinian peso by more than 50%. He hopes this will make a dent in the 150% inflation Argentina has been experiencing and, make it easier to pay off the US $44 billion in debt they owe to the IMF. Seems like the markets like his efforts and, Crown Point has jumped by 50%. Hope to see more improvements on the horizon!
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