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Timeless Capital Corp V.TLC


Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The Company’s principal business is identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (QT). The Company has no assets and has not generated any revenues.


TSXV:TLC.P - Post by User

Timeless Capital Corp > Out Standing shares
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Comment by sebastian2on Apr 04, 2011 10:01am
285 Views
Post# 18380944

RE: Out Standing shares

RE: Out Standing sharesThe OS is large valuing the company at ~44 Million market cap so the sp is held back a little.  Another factor is that out of the 6.47 billion figure only single digit % (~1-4% if I remember) is practically recoverable.  This is still lots of oil though.  Please correct me if I'm wrong on this.  I hope we would get an update on the sustained production rate from the well promissed in NR by mid February...
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