Post by
FishInTheWater on Jun 18, 2024 3:35pm
This is the long game
As time shows, many energy juniors capitalize on initial hype to drive their market cap and stay in the research hell forever. it's natural for the market to get exited about the potential for growth and future profits. however it's common to run into funding issues and delays and never start to actually drill or produce. so stock prices experience a downturn after the initial excitement wears off which is not what is happening here. TCF did a thorough research and showed an understanding of the development process. and supported by enormous reserves still in the ground(water). my opinion this is for a long-term hold
Comment by
mcnils on Jun 19, 2024 3:45am
@FishinTheWater In general, a junior company is often referred to as a start-up or a young company. These criteria when considering Trillion Energy International and its predecessors have long ceased to apply. TCF might better be considered an o&g lifestyle company. Just do some deeper research.