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Trillion Energy
   CSE: TCF – OTC: TRLEF

Developing Natural Gas In The Black Sea
Exploring Crude Oil in Turkiye
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Bullboard - Investor Discussion Forum 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... see more

CSE:TCF - Post Discussion

Trillion Energy International Inc. > CEO...is responsible for Action in the markets..period!!
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Post by TheLandedEagles on Feb 14, 2023 1:44pm

CEO...is responsible for Action in the markets..period!!

Its not solely manipulation as you call it...CEO had stated on the weekly update of Feb 2rd...said they were going to perforate lower zones over that week end...which they didnt do...and then on Feb 9th update no mention of any problems with lack of equipment needed and goes on saying with further activities that they are too perforate lower gas intervals and complete that test ..and hand it over to the production operator...period, thats the facts....now we learn today tthey lack the required equiment and are waiting for that equipment to arrive...timeframe unknown...so they move on...GOT IT...during the last week and a half however, stock price has been selling off with substantial volume behind it.. CEO had known about that equipment a while ago as did many market paricpates, in my opinon. Yesterday, someone new something, before us all shareholders....thats the point. Todays news release should have been released last week at some point...CEO, is responsible...and should be held accountable...its all about market perception and thats why we have a sell off.... it was unexpected!!!!...so now markets need to wait a little while longer for testing....well the markets dont like this type of discloser with insider leaks and is normal, reacting in this matter and rightly so....thats the free market reaction ...nothing to do with how much you like CEO or whether you think CEO is doing a great job or not...this is a speculative stock play and as such needs complete honesty and transparentcy...CEO is altimately responsible ....Leaks are never good or talorated...this is now suggesting that CEO failed to advise all the shareshares at the same time and release the known facts and delays immediately upon knowing and not holding back until a week or so later...as a shareholder, I hold him CEO responsible...thats my opinion and my prerogative...in the last week or so , hugh daily volume traded in a total sell off of 47mm+ todays volume shares bringing stock price to a low of .31 cents today.....so you think no one new in advance of todays news release delay...I DONT THINK SO.....so Im out today with over 500,00 shares at .355 cents....and thank you all for buying them...CEO has personally let me down...I dont trust anyone in this game. Soon, wouldnt be surprised CEO does another PRIVATE PLACEMENT...in looking at their last quarterly financials CASH on hand is much much less than I expected, I believe around $13mm CDN....not much to complete their phase 1 drilling program...even with the anticipated monthly revenues coming in...remember they raised over 42mm CDN in their last equity financing and now they are left with only $13mm...well, it doesnt cut it with me...they will require alot more funding, regardless of CEO saying they are fullly funded and wont need to do equity financing again...I now dont believe CEO, he will require more funding in my opinion....these holes are very expensive and the monthly revenues arent enough in my opinion...just look at how much they went through of the $42mm CDN , now only having $13mm left....CEO has alot to explain...do think the company does have a longer term future, not sure at what price....good luck to all...my opinion only!!..looking for stock price to settle around .25 cents within the next 30 or so days...we wont hear any news on flows rate for both wells until at least 30 days from now...Oh well, happy trading...
Comment by Maxmoe on Feb 14, 2023 6:31pm
Fair well, farewell, watch the door on your way out. Now surprise us and don't post any bashing posts trying to drive it down. YAWN.  
Comment by shmenkari on Feb 14, 2023 7:46pm
Sorry to see you go as you have been around for a while, that being said this is construction, in construction the best laid plans will always have things go wrong. If a person thinks all goes without issue then they need to rethink that. They obviously had the perferation tool on the rig as they perfed other wells, but it either broke or maybe needed parts, so when they say a tool is on the way ...more  
Comment by Ladyfern on Feb 14, 2023 8:27pm
Good read yes very  expensive wells this last one was 50 days ish @ 95 k/ day and still not complete.    
Comment by Goldy63 on Feb 15, 2023 8:45am
So you sold gl to u so I guess not posting anymore ? . Tc . Long TCF. 
Comment by Investnowplease on Feb 15, 2023 10:32am
A lot of good points. I wrote similar concerns.  Its a big money high stskes game that they are playing with risks that they clearly have not accounted for. You comments about the cash on hand is a very good point. Note that even when the wells come on it takes time for cash to be recieved back. The last well has by far exceeded the timeframe from spud to prod. That definitely effects ...more  
Comment by TheLandedEagles on Feb 15, 2023 12:34pm
I hear you Investnowplease..and appreciate your comments..glad you see the facts at hand. Everyone can rally around the flag pole...but when it comes to money and its risk, thats a different story.. Capital Preservation must be priority in any high risk venture let this. FYI, got out yesterday of the basic TCF common shares and reemployed funds elsewhere...to be honest so far so good...made a few ...more  
Comment by Investnowplease on Feb 15, 2023 3:21pm
Good luck on your investments.  Im gonna hold this for a bit. Have over 200000 shares.  Im about even as I have been in for a long time.  I dont do tech as I just dont know that industry and the multiples make me cringe.   Im bullish on steel, iron ore and own allot of Oil.  Fair amount of CDN gas stocks.  Divy ones.  Also transport companies.  Ie Keyera ...more  
Comment by Maxmoe on Feb 18, 2023 7:50pm
Good luck with an AI play on the neo. I hope it's not just a fluff of hot, foul, air. Forget Msft and goog. What do they know. 
Comment by lastpick on Feb 15, 2023 2:31pm
My understanding is TCF has to pay 49% of the costs which includes the $95K drill rig.
Comment by CLOUDER on Feb 15, 2023 2:48pm
thank you lastpick,   that is right   they only pay the 49% of cost, you kow when  the next 2 wells in a month ish  come  online,  ..TCF  will be on  cruz control  with a  chit load of  wells  to go,....i really think that they will be targeted for a  buy out   buy then.....jmo.
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