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Trillion Energy International Inc. V.TCF


Primary Symbol: C.TCF Alternate Symbol(s):  C.TCF.WT | TRLEF

Trillion Energy International Inc. is a Canada-based oil and gas producing company that strives to maximize shareholder value through a mix of offshore gas development and high-impact oil and gas exploration in Cudi-Gabar province SE Turkey. The Company is 49% owner of the South Akcakoca Sub-Basin (SASB) natural gas field, a natural gas development project with four offshore platforms, pipelines and gas plant located in shallow water black sea. The Company also has the Vranino 1-11 block, a prospective unconventional natural gas property in Bulgaria.


CSE:TCF - Post by User

Comment by extcffanon May 17, 2013 9:33am
121 Views
Post# 21408317

RE: RE: RE: RE: RE: Management fail

RE: RE: RE: RE: RE: Management fail

Whether the drop in price is on small volumes or big volumes, the fact of the matter is that the PP will likely go through at at least 7 cents lower price than originally envisioned. The original dilution was huge and now it will be even more massive. This has capped the potential of this one massively.  I think it could have been a stock worth over a dollar, now I don't think so. Now it can only be north of a buck if they become a producer of teh 10 tcf if they find and that means quite a number of years out from now in best case. The risk reward picture will change drastically here and I would not be surprised to see most people being elated to get out in the 30 cent range. So look where we started, where we've been and I don't think patience will have paid off. Very, very unfortunate but it shows that despite great prospects, management has no negotiating power.

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