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Trillion Energy International Inc. 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

Post by Flintstone60on Nov 25, 2022 5:43pm
309 Views
Post# 35129231

From CEO.CA mail from CEO. second rig coming ??

From CEO.CA mail from CEO. second rig coming ??latest from Arthur....... Go to the cse exchange website and to the TCF page. For the chart put 6 months and do a weekly average (pull down tab). You can see that from since just before spudding the first well to now we have trended slowly upwards. Once you remove all the day traders etc you can see the trend. The average per week is slowly climbing and as it keeps going up it will be above the warrant prices and that is when the share value should adjust to the assets and not the warrant base price. I have also gotten feed back that there is chatter out there about an equity raise and that is also keeping the share price down as the larger institutional buyers will just wait for the equity raise and not buy in the market. However, I am not doing an equity raise, I have had offers, but turned them down. An equity raise will cap the value of the shares, why do that when I have funding to keep drilling, every well will add something to the share price as you can see in the weekly chart. Eventually, as we continue to drill and have successes and start producing them it will sink in that we have gas to bring on, high prices, just engineering and that the only way to get shares it so buy it in the open market. Once that occurs we will get a fast share price increase as >250,000,000 shares have traded above 40c since August 16th. There are not many low priced shares out there anymore. We have drilled a well and recompleted a well and they are on production and we are starting the new well shortly, and the shares are still below 50c, a second rig is not going to do it. Educating groups about the economics of this project is the only way. It is being done. Plus we will be in a cash generating position early next year to be able to self fund a second rig if we want one without an equity raise. Also, we are continuing to get the message out to new groups.
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