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Bullboard - Stock Discussion Forum Tuscany International Drilling Inc T.TID

TSX:TID - Post Discussion

Tuscany International Drilling Inc > When will we know?
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Post by CDNOil on Jan 31, 2014 5:05pm

When will we know?

I assumed we'd know tonight but I'm wondering if there's a chance they'll make us wait until Monday...
Comment by Fullblast on Jan 31, 2014 5:11pm
CDN, my guess is that they'll tell us tonight. Then they'll go home.
Comment by RHertig on Jan 31, 2014 6:37pm
I thought it would be after the bell. This is a long wait.
Comment by doggonemad on Jan 31, 2014 6:42pm
news just out.... they sold both heli rigs for $80MM.....they recieved half of the HRT payment $16.5MM......and they got the $5.5MM from PetroAmazonas.... refinanced new credit facilty for $105MM..... utilization is at 97%.....
Comment by doggonemad on Jan 31, 2014 6:42pm
....PSYCHE....
Comment by Fullblast on Jan 31, 2014 6:48pm
... you should loose a star over this DGM.
Comment by rivergreen on Jan 31, 2014 7:03pm
HaHaha!!!! That was good dog!! Last Fridays news didn't come out till 4:04 pm MT, so were an hr past that so it could still come out today or we're looking at Monday am I think.
Comment by michelleb33 on Jan 31, 2014 7:08pm
I really hope this all goes well for the longs on this recent HALT.
Comment by doggonemad on Jan 31, 2014 7:39pm
i am long big time.  just trying to bring a little humour to the situation.  hope you all enjoyed it.  and actually hoping that it ends like this....cheers..
Comment by RHertig on Jan 31, 2014 7:49pm
You had my spirit soaring for a minute. I made the cardinal sin and committed too much of my savings to this one. If it survives I will never again be so stupid. Good luck.
Comment by dogtoobad on Jan 31, 2014 8:21pm
Nothing will happen until Monday. He is in Phx for the weekend. Release, enjoy the weekend.
Comment by sailpgd on Jan 31, 2014 9:11pm
And how do you know that Walter is in Phoenix for the weekend?
Comment by uptowndog1 on Feb 01, 2014 10:54am
I think $80mm for the heli rigs was ok, to bad Walter wouldn't have put them to work in PNG years ago, even worked them under Simmons at least they would have been working. But hinesite and forsite are our worst enemies at times. Anyone have any idea what the share price should be after this is all said and done.
Comment by RHertig on Feb 01, 2014 11:03am
80mm would be 30mm more than we paid for them new. If we get 26mm plus here with delivering them that would be good. I amopeing they can sell 1 and get 1 rented out.
Comment by RHertig on Feb 01, 2014 11:04am
Sorry this auto fill in does some strange stuff.
Comment by sailpgd on Feb 01, 2014 11:28am
Are you saying the heli rigs were sold? I don't seen a PR
Comment by uptowndog1 on Feb 01, 2014 11:43am
Yes the heli rigs were sold, not sure on the price just what iv'e read here.
Comment by sailpgd on Feb 01, 2014 12:16pm
Do you have a link? I doubt that they reveived a good price considering any company that acquired the rigs knew the amount of leverage they had considering TID's liquidity problem.
Comment by ruben12345 on Feb 01, 2014 12:50pm
Read better. Someone joked that the rigs were sold. 
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