California is the sole producer of heavy oil in the U.S. That means CRC. And with the new tax imposed on all Canadian oilsand companies, I believe Warren B is going to purchase a LARGE stake in this company. It fits his investment style. SOROS bought a few months back
I believe PGH has offered a dollar and quarter a share and debt assumption. Makes the deal rough four dollars and 2 quarters a share deal.
This and all other boards discussing PWE are false. Just one guy controls who posts and who is deleted. The Yahoo board is no exception. All post excluding me come from Nawar. Go to stockhouse, Investor Village et al. All bogus conversations. Don't waste time here. And do not invest based on what you read either. It is a scam.