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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > Strong Insider Support
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Post by retiredcf on Feb 06, 2012 11:17am

Strong Insider Support

It's not just the CEO who has been buying. Lots of confidence being shown by many within the company. They obviously agree with Canaccord's $7.25 price target. GLTA.

 

Feb 2/12 Feb 2/12 Tripp, Russell J. Direct Ownership Common Shares Class A 10 - Acquisition in the public market 1,578 $3.10
Feb 2/12 Feb 2/12 Gretzky, Glen Direct Ownership Common Shares Class A 10 - Acquisition in the public market 8,200 $3.10
Feb 1/12 Feb 1/12 Johnson, Cheryne Direct Ownership Common Shares Class A 10 - Acquisition in the public market 3,300 $3.04
Feb 1/12 Feb 1/12 Tripp, Russell J. Direct Ownership Common Shares Class A 10 - Acquisition in the public market 26,500 $3.08
Feb 1/12 Feb 1/12 Wiacek, Andrew Zbigniew Direct Ownership Common Shares Class A 10 - Acquisition in the public market 8,425 $3.10
Jan 5/12 Dec 31/11 Haavardsrud, Craig Donald Direct Ownership Common Shares Class A 30 - Acquisition under a purchase/ownership plan 7,199 $2.50
Jan 3/12 Dec 31/11 Tripp, Russell J. Direct Ownership Common Shares Class A 30 - Acquisition under a purchase/ownership plan 9,114 $2.47
Jan 3/12 Dec 31/11 Johnson, Cheryne Direct Ownership Common Shares Class A 30 - Acquisition under a purchase/ownership plan 7,084 $2.47
Jan 3/12 Dec 31/11 Wiacek, Andrew Zbigniew Direct Ownership Common Shares Class A 30 - Acquisition under a purchase/ownership plan 8,101 $2.47
Jan 3/12 Dec 31/11 Wyzykoski, Shaun Larry Indirect Ownership Common Shares Class A 30 - Acquisition under a purchase/ownership plan 7,084 $2.47
Comment by shambano1 on Feb 06, 2012 2:56pm
TOL is a long way from  Canaccord's $7.25 price target and I am quite honestly hoping to get as high as 5.50 and I'm very happy on a 100% return but if TOL can keep proving these high return wells, we might be able to get as high as 7.25 for sure, but it' going to take time and money to drill, complete and tie in these new wells and establish a produciton profile.   I ...more  
Comment by retiredcf on Feb 06, 2012 3:49pm
You can do very well in these markets by keeping an eye on insider trading as presumably they have a much better view of their stock's potential than either you or I. One can safely assume that If these guys felt that there was going to be some sort of short term pullback, they would have waited to make their purchases. Thus, I tend to follow their lead and jump in because barring a major ...more  
Comment by tanzdevil on Feb 06, 2012 7:51pm
Sold half my shares today. The shares I have left are all free. We are approaching resistance levels on the charts. If insiders really are buying, we will break through this resistance without a problem     $4.50 will be a peice of cake then.    
Comment by cookster9 on Feb 08, 2012 1:10pm
This post has been removed in accordance with Community Policy
Comment by shambano1 on Feb 08, 2012 2:43pm
The company plans to drill seven (3.7 net) wells at Lochend in the first half of 2012. Its 2012 drilling program is on schedule with one (0.6 net) well drilled, completed and tested at an average rate of 650 boe/d over its initial three days of testing. The second well (30-per-cent working interest) in the program is drilled and awaiting completion in early February and the third well (100-per ...more  
Comment by stuckinonoway on Feb 09, 2012 12:15am
who is their partner? thnx in advance
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