CWPC up .62

[chinaman711]

CWPC moving today just hit 4.30

[englishman26]

Damn. I saw the break up to 3.90 this morning but then when it pulled back to 3.70-ish I stopped paying attention. I've been busy and missed this.

At some point this thing is going to make it back to $8.

[chinaman711]

Long term i hope to get alot more then 8 and i hope to be buying more when i get done with cvx friday. Good luck

[englishman26]

This stock seems to be getting a bit of its mojo back!

I agree that long term this could be a $30-$40 oil play. $8 is the trading ceiling at the moment although that could change if the excitement comes back in the way it did back in april/may.

[manowarfan1]

What do you guys think about this one in the short term? $8 Long term sounds great - but first I want to do a few quick turnaround trades to build up my $$$ to givem e more flexibility. Is it too late for the current run? It's at $4.37 today.

Jeff

[Dublin]

i like it
but 8$ is too much

stop lose below 4

i lined it with red line

good luck

[chinaman711]

That target of 8 is short term and long term target is 50. Good luck

[chinaman711]

Could be a good day for CWPC as oil is higher the futures are up and XOM reports a great qtr. Looking to get back in on DWOG and SRGG if this run in the oil patch keeps up.

[englishman26]

She's stalling. Not convinced. My finger is hovering over the triggar . . . .

[chinaman711]

Yep all the action seems to be in the big oil companys. Looks like we may be early on the small ones. I bought a little dwog and srgg just in case they come back. DWOG at 1.12 is a cheap long term play imo.

[chinaman711]

Added to srgg at 1.15 day high.

[chinaman711]

Added a little more srgg. SRGG hod not much volume if it runs watch DWOG as it owns 29% of srgg.----------------------------------------------------------Deep Well Oil & Gas, Inc. is a Nevada corporation based in Alberta Canada. Deep Well and its subsidiaries Northern Alberta Oil Ltd. and Deep Well Oil & Gas (Alberta) Ltd. have an 80% working interest, subject to a farmout agreement, in 63 contiguous sections of oil sands leases and 6.5 sections of oil sands permits in the Sawn Lake heavy oil area in North Central Alberta. The permits and leases cover 43,964 acres. After Signet Energy drills 10 wells at no cost to Deep Well, they will fully earn their interest in the project. Deep Well will then directly hold 40% of the project. In addition, Deep Well owns 7,550,000 of Signet's common shares. A previously published independent engineering report estimated that, there are 819.5 million original barrels of oil in place.

[chinaman711]

SRGG just hit 1.25 looking good.

[chinaman711]

1.25 to 1.32 in just a few minutes something must be up : )

[chinaman711]

Wow 1.41 in just 2 minutes

[chinaman711]

SRGG very nice day 1.43 : )

[madcowdisease]

I've had my eye on this one (SRGG), ask the Guru, but gave up on the trading day around 1 PM. So I sure missed out :(. Any idea what the hyperbolic chart was all about today? Holy madcow!

[chinaman711]

NO news but there was volume coming in and not alot of shares outstanding on srgg. Im surprised DWOG did not run too as they own 29% of SRGG. Maybe today is a DWOG day : )

[chinaman711]

SRGG 1.44 not much volume yet so far. I can't believe dwog is not moving up with srgg.

[chinaman711]

Bought a little DWOG at 1.15 looking to add as imo it sould run with srgg. Good luck

[englishman26]

Ok - CWPC is ready, I think.

[chinaman711]

I think your right looks good to go. Just hit 4.24 day high

[chinaman711]

Added a little more DWOG looking good imo

[chinaman711]

DWOG worth 16 bucks a share as they are sitting on 800 mil to 1 bil barrels of oil.

Deep Well Oil & Gas, Inc.: Drilling Rig to be Moved to Sawn Lake Project Location Tomorrow
Tuesday August 1, 8:00 am ET


EDMONTON, ALBERTA--(MARKET WIRE)--Aug 1, 2006 -- Deep Well Oil & Gas, Inc. and its subsidiaries ("Deep Well") (Other OTC:DWOG.PK - News) are pleased to announce that its joint venture partner and operator of the Sawn Lake heavy oil project, Signet Energy, Inc. has improved the drilling schedule by two weeks. The Drilling Rig has been rescheduled to move to drill site Location 4-32 of the Sawn Lake Project tomorrow, Wednesday, August 2, 2006.

Deep Well Oil & Gas, Inc. is a Nevada corporation based in Alberta Canada. Deep Well and its subsidiaries Northern Alberta Oil Ltd. and Deep Well Oil & Gas (Alberta) Ltd. have an 80% working interest, subject to a farmout agreement, in 63 contiguous sections of oil sands leases and 6.5 sections of oil sands permits in the Sawn Lake heavy oil area in North Central Alberta. The permits and leases cover 43,964 acres. After Signet Energy drills 10 wells at no cost to Deep Well, they will fully earn their interest in the project. Deep Well will then directly hold 40% of the project. In addition, Deep Well owns 7,550,000 of Signet's common shares. A previously published independent engineering report estimated that, there are 819.5 million original barrels of oil in place.

[englishman26]

Ok- I'm in DWOG!

[madcowdisease]

DWOG worth 16 bucks a share as they are sitting on 800 mil to 1 bil barrels of oil.

That's old news Cman. DWOG already saw the fenzy to buy when this was released in late May.

[chinaman711]

DWOG up 30% in 5 days not bad hope this continues. SRGG small float moves this 1 up and down like a yo yo but imo long term it should follow dwog higher. SRGG could do better then dwog as they have interests in 3 large projects where as dwog only has the 1 project in the oil sands. SRGG has the small float which produces big runs and falls just as fast. This might take a few years but 1 of these days both of these stocks will be alot higher imo. Big oil companys making billions look for more buyouts to come imo.

[chinaman711]

CWPC having a nice day back to 3.90 and hope to see a move thru 4 again. Good luck