Value Microcap DD

[Tr8dervic]

CWYR.ob is my pick. I did a PP with this co. and looked at the seismic data. They have 20 million net barrels identified by 3D seismic in the Paradox basin of SE Utah. (Lisbon valley, about 4 miles away from the 150 million barrel Lisbon field owned by Philip Anshutz).

Fully diluted shares of 22 million and strong insider ownership.

I am assuming another 8 million shares of dilution to raise drilling funds gives a net value @$20 bbl of about $13 per share if the structures are fully loaded up. 4 to $5 per share if 1/3 ends up hitting.

Stock is very thin with a float of about 3 mln shares. If no trades tomorrow...just put my purchase price at the ask of .44.

Vic