Timeless Capital Corp V.TLC

Primary Symbol: V.TLC.P

Timeless Capital Corp. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and once identified and evaluated, to negotiate an acquisition or participation subject to acceptance by the exchange to complete a qualifying transaction. The Company does not own any assets, other than cash or cash equivalents.

TSXV:TLC.P - Post by User

Timeless Capital Corp > Economics

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Comment by Ahsanon Sep 15, 2010 3:12pm

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Post# 17452219

RE: Economics

are u joking me. 16 bbls is nothing. if they dont get 750 - 1000bbls/d at least the stock price is not going anywhere. so many billions of barrels and the flow rate needs to be good. so they better make sure that whatever they drill is a good well and with a good flow rate. i know they got a lot of land but drilling wells is expensive. they got to prove that its economical and then they will start getting money from investors through PP to drill more.

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