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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > Another Bought Deal
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Post by Sonofmshade on Feb 24, 2012 3:04pm

Another Bought Deal

www.trioilresources.com

This one at 3.55

Comment by shambano1 on Feb 24, 2012 3:30pm
much better than the last BD but it will put the brakes on us for a few weeks unless oil keeps climbing every day. Now they should have enough cash to keep drilling their oil prospects right through the summer and with good results I think we'll see 4-5 range if this market keeps getting better. DYODD
Comment by shambano1 on Feb 27, 2012 11:15am
I was a little dismayed with announcement because it does slow down our SP and as a shareholder we always want upward movement but that's greed talking I guess. Looking a little further into the BD, I think the company is playing it safe with their capital program and this cash gives them lots of time to keep drilling no matter what happens to the stock market, and or Euro problems. TOL has a ...more  
Comment by cookster9 on Mar 05, 2012 9:02am
This post has been removed in accordance with Community Policy
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