TriOil Resources Ltd TRIAF

Just for Fun

[larsen6]

I took out the small offer at $2.40 today.

 

Looking at the Level II, the offers at $2.44, $2.45 and $2.46 are at least a week old.  Some selling below this, and then we are off to $2.50.

 

We deserve it folks.  Been a tough ride since February.

 

L6

[shambano1]

TOL is worth much more than 2.45 but until the market sees the huge development potential of their oil plays, it will be a slow grind.  Once they start a majro development program that is self-funded to boot, we will trade up and down but slowly go higher if oil prices and the differentual are good for us. still good day today, for sure, I'm hoping to see 2.75 range real soon and before

[value1]

maybe they are longer term but i decided to sell my 40,000 today i picked up at $1.60 after that cross at 1.55 back in mid July.  great recovery to resistance and i figure they have to do a bought deal around here to fund their proposed capex requirements. allocated funds to Westfire.  Shake my head at the valuation presently.

[cookster9]

This post has been removed in accordance with Community Policy

[shambano1]

I don't think there is an immediate takeover threat but they are looking down the road for sure because this market is just not giving junior O&G companies a lot of credit.  TOL doesn't need to raise cash for a while yet and they have a small float so if SP's get back into the 3's maybe we'll see a small SO of 4-5 million shares but for now, they are drilling like