This is how bigThis is for the numbnuts who wander over here posting crap, and the bonafide newbies wondering what the action is all about. Now that we've busted through 5$ in grand fashion we'll be getting a lot more attention. Facts you ought to know, most of which is available on the company website,
https://www.tagoil.com/
Here goes: The resource TAO is sitting on is measured in the
billions of barrels. They have existing oil production which is steadily rising. They have a 100% interest in all their properties, and 100% ownership of production and infrastructure in the Taranaki Basin where they currently produce. Rare for a company this size at this stage to be in full control of it's reserves, production, and facilities. The company's financial position is solid. The share structure has a relatively small float, not diluted like many other energy explorers/producers. They have demonstrated initial success re-working wells to increase production by fracking, which speaks well of their technical know-how. There's more but you can read for yourself:
https://www.scribd.com/doc/26737803/Stocktalk-2-10-10-TAG-Oil
https://www.scribd.com/doc/37950276/Wellington-West-TAG-Oil-Initiate-Report
https://www.stockhouse.com/Community-News/2010/Oct/16/GMP-puts-$225-target-on-TAO-oil-play