Tuscany International Drilling Inc T.TID

Pacific Rubiales invests heavily in BRAZIL

[parachutist]

PRE.TO one of the clients of TID, keeps pouring money in Brazil. This is PRE latest acquisition:

https://www.bloomberg.com/news/2012-09-19/pacific-rubiales-buys-35-stake-in-karoon-s-brazilian-fields-1-.html?cmpid=yhoo

rapidfire,

I do not know how high the EPS will be in 2012.

I do know that TID will make EBITDA around $70M in 2012 (WITHOUT the contracts from the 3 recently refurdished rigs which are being marketed currently in BRAZIL) and funds from operations around $50 M.

NBF has a target of C$1 after the latest credit amendment.

I m a buyer.