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Bullboard - Stock Discussion Forum TriOil Resources Ltd TRIAF

GREY:TRIAF - Post Discussion

TriOil Resources Ltd > Any opinions as to why so muted?
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Post by Sonofmshade on Jul 12, 2013 12:01pm

Any opinions as to why so muted?

I am somewhat surprised that this has not popped a lot higher. You have to think at the worst case scenerio they get taken over in the 3's. I think it should go well over 4.
Thinking of loading up more here - what am I missing?
Comment by Steelhead15 on Jul 14, 2013 9:00pm
I read one piece which said the low producers would fall in price as longer reach wells attracted more interest. However, the oil bottleneck seems to be lifting finally. CA oil prices should go up and this raises companies like TOL. I've owned several buyout targets and they  rarely get more than 30%. Sometimes much less. The tax break with TOL is very large, the PE is low, existing ...more  
Comment by sherbrooke1 on Jul 16, 2013 11:56am
This post has been removed in accordance with Community Policy
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