Post by
CLOUDER on Oct 16, 2023 2:53pm
TCF FOLKS
BUY MCF, it is like buying TCF before they drill....but MCF has great managment.....75%+ insider owned.....big names in on it.....drilling iminent.....lots of money in kitty.....NAT GAS in the EU.......a real big target and lots of properties.......man, i think this is the big one......imo.
Comment by
negeb85631 on Oct 17, 2023 8:50am
you say shares are the same price than before drill, but number of shares increased from 19m to 105million. So in reality is 5.5 times more expensive to buy TCF now than predrill. And they are broke, they need to raise and dilute again...
Comment by
mcnils on Oct 17, 2023 10:59am
I don't know how the writer comes up with 105? "Currently, a total of 389,677,325 Common Shares are issued and outstanding. Accordingly, when the Consolidation is put into effect, a total of approximately 77,935,465 post-Consolidation." This could be an indication of a basher. Fools should learn to use facts.
Comment by
mcnils on Oct 17, 2023 11:54am
Ok I see the warrants. Sorry, I take it all back. I don't think it's going to work out without financing.
Comment by
mcnils on Oct 17, 2023 1:23pm
Hi negeb, thanks very good links Download the annual MD&A dated May 14, 2021 on page 32, you will see that shares were 96,770,433 before the 5:1 split, which equates to 19,354,086 shares after the split. Are you sure I can find the numbers there? This is the 2021 report, which report number is the correct one.