Tuscany International Drilling Inc T.TID

A Fraction

[gonzohst99]

even 25 mil a rig seems like a fraction of what they would be worth but then again I would have to see specs to be sure.

[perdikaoilgas]

Do not confuse the cost with the current value.  The current market value is always different from the initial cost. Since TID's heli rigs are almost  5 y.o., their current market value is 15-17 million each. Actually, if the sale price is truly $18 million, it will be a great price. This is also good for the balance sheet.  Based on the existing depreciation and amortization

[RHertig]

I hope you are right about two cents. I was thinking it would be a lot bigger.

[rapid_fire_]

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[Benjamin1]

Can someone confirm they have been sold?

[davwal]

well benjamin,you notice no one will (or  can) answer that question for you,thats all i heard too,but never a solid fact!

[techstocks3]

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[Benjamin1]

Davwal, just because we could not find the info... does not mean they were not sold or about to be sold. Looks like we will have to wait to hear from TID in their time.