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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by frankythetankon Sep 25, 2012 12:40pm
198 Views
Post# 20411797

Stabilizing Share price

Stabilizing Share price

Looks like the worst is over.  The houses are walking this stock up with crosses.  Usually a sign that they are accumulating and stealing from the weak hands.  Even if this is just a bounce this is a really good level to buy at.  Easily bounce back to 33-35 cents.  I cant see the commercial banks increasing the revolving credit by 25 million,  extending there repaymentsof term loan by 9 months and loosing covenants as a negative to the company.  Worst case they pump this up before this thing crumbles next summer.  Best case they get everything going and make there way back up to a dollar.  South America is as good a spot to invest with lots of people and huge energy needs. 


Tank

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