Norwegian TSU shareholder explains the share price Hi All shareholders of Transeuro Energy.
Most of you are wondering why the heck the shareprice is this low so close to the fracking operation in the Ukraine. Well. The answer is the increase in equity we had at 6c.
The guarantors in Norway are selling the shares with a 60% increase and will continue to sell the shares in Norway until they have sold most or all of their shares.
I know that there are few traders in Canada but I will tell you that if this company now succeeds with their operation the rest of the shares that now are sold at a discount will be blown away in a matter of a few hours.
So if you are planning on investing in this company before one of the biggest fracking operations in the history onshore Europe which will put the company in a different league before the end of 2012 then you better buy your shares before the fracking starts and pay the price that is on ask.
You will NEVER get volume in Canada if the frack is successful. Most of the Canadian shares are in the hands of investment managers and they wont let them go if we have a success and most Norwegians will see the share price explode in Canada and hold on to their shares for a long time.
So here is a tip if you want in with some volume before the frack job.
Buy the share, buy what you want and pay the price that the seller wants. You have about one week until the Schlumberger equipment probably are onsite and that will be the start on a rally both in Canada and in Norway.
With a big success on this field they have a field with a market value maybe 50 times higher than their current MCAP and they have 10(!!!) other fields that they are interested in getting their hands on.
Most norwegian shareholders that I have talked to will hold on to their shares and see the potential of these other fields before they even dream of selling this share.
So. I say it again. If they hit it with the frack, we will probably see another case like QEC earlier who went 15x in just two months. I can guarantee you that my 156K are not for sale the next five years because we will see a rally never seen before in this stock.
Now you can call me a pusher but I am only giving you a friendly advice. Get in before the frack job if you believe the company will have a success and forget about the price in Norway. The Norwegians are just sitting there and waiting for the cheap shares from the guarantors. If you want in with volume, buy on ask...