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Bullboard - Stock Discussion Forum Tuscany Energy Ltd TSCAF

Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.

GREY:TSCAF - Post Discussion

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Comment by w8asec on Jun 13, 2014 2:00pm
Went through the slide show presentation on your link.... quick question to those in the know....one slide called "why invest in Tuscany? "  had 5 bullet points. I had no idea that management has the last point in place -  "Defined exit strategy" - All i've seen so far is the same old "milking this public company instead of providing shareholder value" ...more  
Comment by ppp on Jun 13, 2014 6:53pm
They did't do bad with Orbit and Zar sold them both for good money. Stumbled with  Diaz. Hope they are back on track with TUS. Lets face it,heavy at the prices they are   today, should help get the ball rolling.  Nobody wanted Rock for the longest time either, look at it go today.  
Comment by Squix on Jun 13, 2014 9:43pm
JMO , but I think the CEO has figured out that he can make more money creating value for the 17 million odd shares he has than to sit around "milking the public company" with that golden $225000 annual salary he has been earning. But, I could be wrong. He did say during the preso that the team plans to drill this company up to and past 1000 bopd and put it up for sale "after a ...more  
Comment by w8asec on Jun 14, 2014 2:10pm
Many thanks... a couple of years more....Well at least it's an exit strategy......It's been too many years of dead money for me thus far....not sure if I'll wait years more, as talk is cheap and he has had my money for quite a while now and everything else has gone up quite a lot around TUS, investment wize. 
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