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TriOil Resources Ltd TRIAF



GREY:TRIAF - Post by User

Comment by shambano1on May 22, 2013 10:22am
114 Views
Post# 21426021

RE: RE: RE: News Just Out...Q1 Record Results...

RE: RE: RE: News Just Out...Q1 Record Results...

our SP is being played with since there are interested parties and any takeover  offer will be a certain % premium, i.e. 30-40% from a 30 day average price just to make the numbers sound great, but in reality it's a fixed game.

 

either way, the quarter was a good quarter and now they are starting to plan Montney development in later 2013 and 2014 as NG prices start their recovery.

we got oil. we got liquids, we got gas, we got earnings that not many juniors have and we have a low shares outstanding, and very manageable debt.

TOL is a good longer term play with a takeover possibility in 2013.

I bought some today to add to my holdings, I couldn't resist 2.51 at the open.

just my 2 cents DYODD

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