Colorado Wyoming Reserve Company (fka CWYR)

[tr8dervic]

It looks like Tiger could be a company maker field. With a possible value to CWYR of $12 a share based on $20 bbl, that would be approx 29 million bbls possible according to 3D seismic.

I calculate that as such:

20.5 million shares fully diluted x $12 a share = $246 mil.

246 divided by CWYR 42.5% WI = total value of 578.8 mil.

578.8 divided by $20 bbl assumed value = 28.9 million bbls.

Even if we discount that to $10 bbl in the ground we're looking at $6 stock, not counting all the other prospects.

I can see why the CEO said he liked their chances!

IMO, when word starts to get out on this, the pps will start going up on increasing volume and the currently pathetic MM spreads will tighten up.

All imho,

Vic