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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

Comment by IgnacioCashmereon Jan 27, 2023 3:27pm
202 Views
Post# 35250916

RE:crazy volumes

RE:crazy volumesWe have become too popular. The volume attracts swing traders, day traders, penny flippers & casual passersby, to our detriment. At some point, the news will get boring, even if it's all good, the volume will settle down, & the real price will emerge based on production not on the latest NR that swings things 2 pennies. As a producer not a developer, we are still over priced. I come up with $0.22-24 USD for 4 wells. So there is still risk of slipping to the downside. Their monthly expenses are 3 million. It isn't until we get past 3 million in FCF that we see a production price emerge. We will have 4 wells in a few weeks. In just 6 months,  we will have 4 more. When that gets to be old news, the traders & flippers will move on to the next volatile stock & we will see more stability in our price relative to value. It's all coming together, & we don't have much longer to wait until the real profits pour in.
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