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Trillion Energy International Inc. V.TCF


Primary Symbol: C.TCF Alternate Symbol(s):  C.TCF.WT | TRLEF

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Comment by extcffanon Feb 17, 2010 10:03am
394 Views
Post# 16790821

RE: RE: RE: RE: News

RE: RE: RE: RE: NewsI don't know whether I am dreaming or whether someone said here before that Casey was one of the strategic investors in the latest placement. If he bought in at 30 cents it worries me that he sees it as a hold at these low 20 levels, especially on the basis of scarce results.

I think I am starting to understand the picture though. The net percentage that goes to TCF is relatively low after the portion going to the government and other partners is taken out. That means that TCF needs to have some stellar reserves and realizable flows for this net percentage to greatly feed the bottom line and bring fundamental per share value. I am not a techie so I don't understand the little data that was provided in the last newsrelease but simply by the reaction and now Casey's hold, I'd have to say that there just wasn't enough meat there so we are 'holding' to see if the future will bring something better.
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