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Trillion Energy International Inc. C.TCF

Alternate Symbol(s):  TRLEF | C.TCF.WT

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Comment by jermiah777on Feb 13, 2023 4:54pm
142 Views
Post# 35283909

RE: Remember --- Abundance of gas pay.

RE: Remember --- Abundance of gas pay.
Almost 12 Million shares traded hands today. So why did the seller's sell? Natural gas prices going down? 
Earthquake in the very country Trillion is doing business? Concerned that Trillion will 
not be profitable?   
 
................. Why did the buyer's buy? And the rest of the 95% of the shareholders NOT sell?
Trillion has no debt and is profitable at even 9 US/MCF but are selling their gas at 27 US/ MCF. Even with gas at 52 Eur/ MWh, that is about 16 US/ MCF. That is still almost double . They have lots of wells to bring onto the grid this year. So I think some investors panicked and decided they cannot be patient anymore
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