Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Guytoruleon Aug 17, 2024 11:39am
57 Views
Post# 36184186

RE:RE:RE:RE:The facts are clear.

RE:RE:RE:RE:The facts are clear. Lets reflect back to 2022 with all that Promo and with 3 analysis coverage who also facilitated financing and placed ridiculous price targets pre-consolidation. Stock price then hits .52 cent highs and given then a market cap of over $200 million based on all the hype and company paid promotions with future share price predictions. Share price couldn't go any higher while posters were saying 2-3 dollars targets. Today, we are where we are, markets knew then as they know now that this play with its production issues and current market cap of a measely $18mm and having a fully diluted share count outstanding today of close to 250mm shares is dificult to attract further investments in my opinion. While they may increase production with the velocity strings...it will be no where near their highs of 14mmcf / day in my opinion and therefore, price appreciation is limited. The on-shore oil exploration they had been promoting for the last year is considered a non-play currently, they lack financing with its huge cap X required under their earn-in agreement of over $26mm. In addition, they lack cash and revenues as that last financing of $2.7mm is not enough to cover those further promised drills holes on SASB field. All in all, things look abysmal in my honest opinion based on all information and events in the last 2-3 years. I lost big time on this play during this period I afraid, My BAD!!..Good Luck to all holding and hope all turns out the way you expect.
<< Previous
Bullboard Posts
Next >>