Tuscany International Drilling Inc T.TID

Time to Buy?

[retiredcf]

No question that these markets are very difficult. But at
.57, this looks like a pretty good buy for the longer term. GLTA

PAST TOP PICK	0.790	Veronika Hirsch	(Top Pick Mar 2, 2011, Down 59.80%) Just visited with Management. 4th quarter is still not going to be very exciting. The next quarter will be good. Will have deployed the majority of the rigs. They are spending the majority of their efforts in 2012 on efficiency. There are some camps they can build that service a couple of rigs, which is much more efficient. They will improve margins and the market will pay attention. She would average down, but be patient. She thinks it is a buy.	2012-03-09
TOP PICK	0.750	Norman Levine	Drilling company whose main operations are in South America. Predominant in Columbia and now in Brazil. Drilling stocks sold off last year and this went down with them. They then made an acquisition, which investors did not like, which dropped the stocks with tax loss selling. Fundamentals continue to improve. Stock could easily double.	2012-02-13

[retiredcf]

Interesting that shortly after I posted this, the price dropped into the .40's. Yet if you watch the fluctuating bids, there is strength lurking while the MMs clearly toy with this one in an attempt to snap up cheap shares (they certainly succeeded this morning). GLTA 

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[retiredcf]

The MMs won't have to do it for long if they can knock 20% of the stock in one day for no reason other than market weakness. Unbelievable how many panic artists there are out there. GLTA

[Nomad3]

just bought another 10k at .445......thank you

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[Nomad3]

yep, certainly oily stocks have been quite cheap lately and I backed up the truck on some quality gold too.   I expect next quarter to be profitable, and the USD rising should help too.  I believe all their contracts are priced in USD.