Colorado Wyoming Reserve Company (fka CWYR)

[tr8dervic]

The info on the 10K is the same as before with 1 notable difference: "The Federal 1-31 well, is about to be re-entered waiting on rig availability."

That would indicate multiple payzones are going to be tested above or below the current payzone imo.

The play here is the same; lots of 3D identified oil and gas in multiple locations on their property. Up to 20 million barrels net to CWYR (50 MMboe gross).

With 22 million shares fully diluted that is up to $20 a share reserve value to them.

All we are waiting for is funding and drilling to commence. Once that happens the share price will start to fly imho.

Even though these guys are slow and deliberate, the wait should be more than worth it. I'm long 100k+ and still buying on weakness.

Good luck,

Vic