Tuscany International Drilling Inc T.TID

q3 will be out on Nov 8th .its offical

[cetriolo]

as well as an operational update....

 

this will be fun...stonecap is starting to look at a group of stupid idiots...

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[cetriolo]

stonecap are the morons that sold tid to .20 cents ..they had a target price of close to 1.00 you can probably find the report on line somewhere.... what i am looking for is CASH in the bank.... this will show that the company is preserving money to pay off debt....as of last q2 the company had close to 15 million on hand...enough to pay off their debt for next year - 2013   dont forget the

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[totid]

All; TID's book value is said to be 1.05 ( accourdig toYahoo Finance) and It trades at 70% discount. DOes this always mean that if a company is to be liguated each share holder will get 1per hare. When is a stock trading at very  low multiple of book value a screaming buy and when is it a harbinger of deep problems( the fact that it trades at a much discount t book value) Yes TID trades