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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

Bullboard (GREY:TRIAF)

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Post by DrillingHereon Sep 18, 2012 12:46pm

Bone-headed strategy

What a bone-headed move. They just sold basically 20% of the company for less than book value, and diluted the equity of the existing shareholders. This after a $3.55 share issue in the Spring. What ...more  
Comment by shambano1on Sep 18, 2012 11:17am

RE: Ammended Terms

you would think that they thought the deal through before annoucing it and now they are also issueing FT shares as well. I wonder when they start trading again? I was just getting used to high 2's ...more  
Comment by Sonofmshadeon Sep 18, 2012 11:09am

Ammended Terms

https://www.newswire.ca/en/story/1037839/trioil-announces-amended-terms-for-25-million-bought-deal-equity-financing
Comment by shambano1on Sep 18, 2012 11:08am

RE: RE: RE: RE: RE: RE: RE: financing $2.55 NR

  Closing of the offering is expected to occur on or about Oct. 4, 2012, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the ...more  
Comment by larsen6on Sep 18, 2012 10:56am

RE: RE: RE: RE: RE: RE: financing $2.55 NR

The deal was not fully subscribed until after the market opened.  Pretty sure that they are just clearing up the details before trading starts at $2.56.  Argh.   If there was an offer ...more  
Comment by shambano1on Sep 18, 2012 10:35am

RE: RE: RE: RE: RE: financing $2.55 NR

4.50-4.75 and they can have my shares, I'll be happy, they'll be happy, everyone will be happy.
Comment by Sonofmshadeon Sep 18, 2012 9:59am

RE: RE: RE: RE: RE: financing $2.55 NR

Lets hope so!!! Probably something boring though like paperwork related to the bought deal.
Comment by shambano1on Sep 18, 2012 9:51am

RE: RE: RE: financing $2.55 NR

this is very weird, the issue is closed, why would they halt it?
Comment by larsen6on Sep 18, 2012 9:09am

RE: financing $2.55 NR

Considering I bought my latest shares at $2.70, this is a definitely a 'drag'.   Reluctantly expressed an interest for 10,000 at the $2.55 issue price.  Let's see what happens. & ...more  
Post by thedave2006on Sep 18, 2012 8:30am

financing $2.55 NR

TriOil Announces $25 Million Bought Deal Equity Financing Press Release: TriOil Resources Ltd. – Companies: TriOil Resources Ltd. RELATED QUOTES  ...more  
Comment by larsen6on Sep 14, 2012 4:21pm

RE: RE: RE: RE: RE: Great Pop Today

This stock is like popcorn - popping higher every day.   The market has made a short term liar out of me.  After saying I would not buy anymore in the high $2.50's,  I bought ...more  
Comment by beadheadon Sep 14, 2012 11:42am

RE: RE: RE: RE: Great Pop Today

Or, QE3 related.....Last time the US Feds did this everything had a nice pop until the fundamentals kicked in....Hopefully this one will be sustained...
Comment by shambano1on Sep 14, 2012 10:15am

RE: RE: RE: Great Pop Today

maybe market related or maybe drilling realted or maybe takeover related, it's nice to have all of these options. GLL
Comment by thedave2006on Sep 13, 2012 3:04pm

RE: Great Pop Today

about time for patient longs.  cheers, dave.
Post by larsen6on Sep 13, 2012 2:17pm

Great Pop Today

Nice gain of 7%+ today.   Buyers keep coming back for more.  Personally, I am not buying here in high 2.50's, but it will surely back off 10 cents or more again.  Then it will be ...more  
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