Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

TAG Oil Ltd. is a Canadian-based international oil and gas exploration company. The Company is focused on oil and gas exploration and development opportunities in the Middle East and North Africa (MENA). In the Western Desert of Egypt, it is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1). It holds an interest in the Badr Oil Field (BED-1), a 26,000 acres concession located in the Western Desert, Egypt, through a Production Services Agreement (PSA) with Badr Petroleum Company (BPCO). It is focused on BED-1 the re-completion and evaluation operations of the BED 1-7 vertical well. These initial operations are part of TAG’s phase 1 development program of ARF reservoir in BED-1. The BED 1-7 well started oil production from the ARF reservoir. Its subsidiaries include TAG Energy International Ltd., TAG Petroleum Egypt Ltd. (Cyprus), TAG Petroleum Egypt Ltd. (Egypt Branch), TAG Oil (NZ) Limited, Trans-Orient Petroleum Ltd and others.


TSXV:TAO - Post by User

Bullboard Posts
Comment by uptown59on Nov 27, 2014 3:03pm
142 Views
Post# 23171138

RE:Uptown59

RE:Uptown59Cuzzie, you are correct. Thankfully i followed my trading plan, or it would be worse now. I was in for 5k shares. I was fortunate however and capitalized on some upswings and made my loss back, and a bjt, but it took almost a year. I sold my position late spring 2013, think where i would be now. How long realistically do you think it will take Tag to recover to 5 bucks again. Think about it. I've been swing trading with my former Tag investment amount and have tripled that since i sold. I will continue to trade and i believe for the next year, Tag is dead money. Yes it will have some perks, but nothing sustaining. Unlike others, i do believe TAG is a good employer, has some good financial attributes, but is poorly managed from the top. Look at the charts since Dec 2012, and tell me what you see. I'll help you, no share holder value, zero, okay so maybe in the future they strike gold, but thats at least a year, that makes it 4yrs steady decline. Anyway, i rest my case.
Bullboard Posts