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Tuscany International Drilling Inc T.TID



TSX:TID - Post by User

Post by khaledbon May 24, 2013 10:15am
185 Views
Post# 21436502

About 49% of Tuscany's shares are already being he

About 49% of Tuscany's shares are already being he

Source : https://agoracom.com/ir/Tuscany/forums/discussion/topics/547548-price-of-tid-shares/messages/1725174#message

about 49% of Tuscany's shares are already being held by long term share holders that's why not a lot of ASKs

Positive things to look at going forward:
1) Donald Arthur Wright one of the directors has purchased 11,000,000 shares over the last couple of months, 8,000,000 for 0.48 cents and 5,348,747 of 0.70 cents, which shows that he is a strong believer that the company will be a success.
2) The management team owns 10% of the shares in Tuscany International Drilling so they have skin in the game and believe in the company and they are holding these shares.
3) Maurel & Prom own 29% of the shares in Tuscany International Drilling and they are long term shareholders.
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