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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
Post by energconsultanton May 29, 2017 2:45pm
100 Views
Post# 26296865

I competely misread it alright...LOL

I competely misread it alright...LOLmy bad !

the end results is now, your looking at $1.00 per share to buy a warrnat and share given the 90 cent buy and about a dime for the warrnat.... I used $1.10.... big deal... I was wrong but the dime I was off by, means little really.... but goes to show how easy it was for me to misread the news and once I had it in my mind, and it was wworng, it was impoasible to correct even after readeading it several times!  LOL  tooo friggin funny, and I used bad info to trade on my warrants.... too funny.... made little difference and re-thinking it thru, I would act tghe same and sell the warrants as I have done.

I hold by my thoughts... own the shares... which I bought at 60 cents.... only months ago.... oh.... I got my dividend of shares in Corrado....  2 accounts each got several thousand shares... plus so far I am up about a nickle a share....

owning the warrants.... you are under water, need the share price to go up a lot to break even, did not get divy shares at all....

so while we that bought lately are doing well.... you that buy warrants are praying for help to break even.... good luck making more than I do owning just the shares....

I suggest you buy shares.... I just do not see the limited 2 year life span of the warrants that need a share price to go up almost 70% in 2 years to make any money as being very smart use of money..... but.... if you in need of a homerun like pop, to make up for prior years of poor performance.... well that is another case and one I cannot understand nor realte to at all...

imagine needing some big score.... after this manic run up in the stock prices around the world!  if you missed that run.... or if you lost money the past few years....  then you need some investment help.... cause you would, not be doing it right.


think about this..... the share price goes up 50% on 2 years.... HUGE right?  the share owners are happy.... hell I would be OK with 50% in 2 years.... expect more but...... the guys that buy warrants.... they lose every penny...LOL.... think about that.... while I make 50% in 2 years ..... you would lose 100% of your money you put into warrants!  If that does not disuade you.... then you got a bigger problem than I thought...LOL
Bullboard Posts