Getting word out on Dart's new bottom play: Looks like multibagger!!!
Posted by: dart1961 In reply to: None Date:10/30/2006 12:27:11 PM Post #of 5010
IWNE-chart Bottom feeding from .018
LOW FLOAT- should move on air
Irwin Energy Inc. is a public company listed on the Pink Sheet NASD, symbol IWNE.
Irwin Energy, Inc. is an independent oil and gas producer with revenue flowing from it's interest in the West Lock well in Alberta. The Company seeks out low risk opportunities to develop positive cash flow from proven and probable oil and gas investments.
Current projects include an interest in a well in Sylvan Lake, Alberta. Sylvan Lake is very near Shell's recent major discovery of an 800,000,000 cubic foot gas reserve. The company also recently announced its participation in the Concho Dome leasehold, in Apache County, Arizona
Insiders/Restricted 20,837,846 Restricted
Float 6,865,502
Total Shares Issued and Outstanding 27,703,348
Preferred Shares 10,000,000 The Shares are publicly traded on the Pink Sheet NASD (Symbol: IWNE)
*** IWNE --- Due Diligence Summary ***
Low Float (6MM)!!!
Beautiful Chart w/ Reversal Imminent!!! [Link to Chart By Dart]
Multiple-Bags a real possibility from these levels (imho).
Irwin Energy Highlights
• Team with over 100 years experience in oil and gas (with over 1000 wells drilled) and a drill success ratio of over 72%.
• Oil and gas access into Alberta, Arizona and Louisiana, areas where Gulf Oil, Talisman Energy and Shell Oil have plied their respective trades.
• Project in Alberta is in close proximity to Shell's recent major discovery of an 800 billion cubic foot gas reserve.
• Exploring increased diversification into various alternative and sustainable energy products.
• Share Structure: Float: 6.9MM O/S: 27.7MM Insiders/Restricted: 20.8MM (From company web page, link below)
• Additional information concerning IWNE’s multiple projects is available at the Company's Website -- http://www.irwinenergy.com
This really does look like a great opportunity to make some serious chedda cheese!!!