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How did you hear of TNKY? Do you know Dan?
I am hoping they have another great find like this in the works...
I like where your head is at! I think they have it in them.
They don't have a website as far as I know. I believe this company is going to do extremely well in the next six months. If you read the last 10k you will see that they are profitable (1 million). OnceWhenIf they clean up their debt everyone will be able to see how great this company is doing. It's just a matter of time for them to strike a BIG ONE. Others have hit gushers in the same area. If both of these things occur at the same time the skys the limit. 50-1.00 without a gusher! $5 $10 $20 - u never know!!!!
Do they have a website?
These guys are definitely going places... I think they are set up for success.
by explode....where do you see the pps?
tnky about to explode (just a gut feeling!!). Have a look at TMBXF as well. They have the goods. Their right next door to Freeport-McMoRan who is digging deeper everyday to get to the goods. Same goods TMBXF has.
10Q - comments!!!
TN-K Energy Completes 1.2 Million Dollar Transaction
TN-K Energy Group (OTC) (USOTC:TNKY)
Intraday Stock Chart
Today : Thursday 23 September 2010
TN-K Energy Group Inc. (Pink Sheets:TNKY) announced today that the company has purchased the Charles and Lynda Anderson lease in Overton County TN with funds raised by a Guaranteed Contract. The Anderson lease is approximately 200 acres with 3 existing wells producing approximately 50 barrels per day in the Sunnybrook formation, which ranges in depth from 700 to 900ft. Less than 10% of this lease has been drilled, which leaves 40-45 more locations to be drilled, with several known producing formations in the area down to the Knox Formation of approximately 2000ft.
"I am very excited," said Ken Page, TN-K's CEO, "to have obtained this lease and for the company to have been able to raise $1.2 million to be paid back with royalty payments only, with no stock issuance or interest payments. The company owns 70% of the remaining lease and will receive 30% of the royalty interest of the 3 existing wells after repayment of funds in an estimated 18 months."
Big News...
TN-K Energy Completes Drilling on Three Well Locations
CROSSVILLE, Tenn., April 15, 2010
GLOBE NEWSWIRE
TN-K Energy Group Inc. (Pink Sheets:TNKY) today announced that drilling has been completed on three additional well locations on the JR Clark, Pansy Clark and Willis Bradley leases in Green County, Kentucky.
TN-K Energy announced that oil was struck in all three locations, including the JR Clark Well # 1H in the Knox formation at 1,800 feet, the Pansy Clark Well # P12 in the Murfreesboro formation at 1,312 feet and in the Willis Bradley Well #4 in the Knox formation at 1,750 feet. The company is now in the process of completing and testing these wells.
TN-K Energy has approximately 60 more locations to be drilled on the JR and Pansy Clark leases and four more locations to be drilled on the Willis Bradley lease in Green County, Kentucky.
The company further announced that it is in the process of obtaining all the necessary permits to begin drilling operations on the Todd Anderson Well #3 in Clinton County, Kentucky. This lease is in a very productive area in which the company has three leases for a total of over 100 acres with approximately 20 more locations to be drilled.
In total the company has an excess of 80 wells to be drilled on our leases, due to our previous acquisitions.
"I am very excited over the amount of work we are doing," said Ken Page, President and CEO of TN-K Energy. "At times we have three drilling crews running on our leases at little or no cost to the company, while retaining 27.5% to 50% interest in the wells being drilled."
About TN-K Energy Group Inc.
TN-K Energy Group Inc. is an independent energy company with operations in Tennessee and Kentucky.
This press release contains "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intent," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may," or words or expressions of similar meaning. Such statements are not guarantees of future performance and could cause the actual results of TN-K Energy Group to differ materially from the results expressed or implied by such statements, including, but not limited to, the company's ability to enter into one or more leases for oil, gas and coal properties, the ability to obtain audited financial statements as necessary on these properties, compliance with Federal securities laws, and other factors. Additional information regarding risks can be found in TN-K Energy Group's Annual Report on Form 10-K and its other filings with the SEC. Accordingly, although TN-K Energy Group believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. TN-K Energy Group has no obligation to update the forward-looking information contained in this press release.
CONTACT: TN-K Energy Group Inc.
Ken Page, President
(931) 707-9599
You might want to call the company, or better yet, go there and see the site first hand. The management of this company are seasoned and very experienced in oil and gas exploration. They've been doing this for years and have made millions on their own doing this privately. Now, we as shareholding get to reap the benefits their years of experience and ride their coattails. They have tons of money and can fund themselves which is unusual for a pink sheet stock. They don't have to enter into any poison financing deals that hurt the shareholder, dilute the stock, etc.
They have 80 plus wells,.....
I'm sick to my stomach about the share price. I have a ton of stock that I could have sold at .70-.80. Now the stock is .45.
As sick as I am, I have complete faith in the company,believe this is a screaming buy, and expected a 2.00 - 3.00 price within 12 months.
Let's hope I'm right....
Ummm....why don't you say what you really mean?
Seriously, that would explain the stock drifting
down. However, it also creates a buying opportunity
at a discount. If company is really going to do
all that drilling, then you know, they should
hit some oil and make some money. Do you know how
I could confirm they can carry out the drilling?
Puravida19
STOCK PRICE IS RIDICULOUS - SCUM BAGS WHO HAD STOCK FROM YEARS AGO UNLOADING SHARE THEY GOT WHEN THEY WERE RUNNING(FUCKING UP) THE COMPANY - REAL ASSHOLE, SCUMBAGS. THEY ARE HURTING THE STOCK. ONCE THEY ARE OUT OF THE WAY WE GO HIGHER AND HIGHER. IF THEY ONLY NEW WHAT TNKY WAS ALL ABOUT THEY WOULD NOT BE DUMPING THE SHARES THEY HAVE. THEY MUST NEED MONEY TO BUY CRACK OR TO PAY FOR THEIR AIDS MEDICATION. FUCKING LOSERS!
Moderator has not posted since Jan 31 on IHub.
Bimmer, that's great news, buying more.
The Prez sounds like they are going to
do aggressive drilling. Do you know if
they have the cash in hand to do it?
Puravida19
"TKNY News" TN-K Energy Completes Drilling on the First Location of the AENY Checkerboard Acquisition
http://www.globenewswire.com/newsroom/news.html?d=187302
CROSSVILLE, Tenn., March 24, 2010 (GLOBE NEWSWIRE) -- TN-K Energy Group Inc. (PinkSheets:TNKY) today announced that drilling is complete on the first location of the AENY Checkerboard acquisition. This was the first of ten locations to be drilled by Americas Energy Company (OTCBB:AENY) on the JR Clark lease in Green County, Kentucky.
The well was drilled to a total depth of 1,900 feet, with a show of oil in the Knox formation at 1,700 feet. TN-K Energy Group is the operator of said well and will now begin testing the well for commercial value.
"I am very excited to see weather improvement," said Ken Page, President and CEO of TN-K Energy. "This means that we can get back to our vigorous pace of drilling and producing oil on our leases. We have more than 80 well locations to be drilled. With the two checkerboard acquisitions, we have well over 60 locations to be drilled on the JR and Pansy Clark leases, along with more than 20 well locations in other counties in Tennessee and Kentucky.
Mk - good news and PR - looking forward
to drilling and results. Do you have any
idea what they expect for this year?
Puravida19
This stock is doing extremely well. We have established a new base which is great. We will sit here than move to much higher levels.
i love this stock and will love it more when I sell some and buy me a nice new BMW 645 CONVERTIBLE
let's get this back up to .30 - everything is good, we have oil - no reason we shouldn't be trading at .40
drilling started and i believe we will be presently suprised. i heard from a friend that they hit GAS - more than you can imagine - if a gas line is near by FORGET ABOUT IT
http://www.globenewswire.com/newsroom/news.html?d=178285
Nice news grabbed some .25s
I have owned DLFG now TNKY for 3-4 years. I dumped most of it but still held a decent position. Over the years I stayed in touch with the company and liked their approach. they are honest and truthful. when they finally decided on what they want to be TNKY i increased my position slowly. they have a great idea and money to back up their plan. They are self funding themselves without diluting the shit out of the stock. they do not need any of the sleaszy promoters/fund raisers that typically kill a stock. I believe the only reason we are at .24 is due to a single seller who probably owns the stock at .02-.05. If he only knew. Once he is gone forget about it....
I have owned DLFG now TNKY for 3-4 years. I dumped most of it but still held a decent position. Over the years I stayed in touch with the company and liked their approach. they are honest and truthful. when they finally decided on what they want to be TNKY i increased my position slowly. they have a great idea and money to back up their plan. They are self funding themselves without diluting the shit out of the stock. they do not need any of the sleaszy promoters/fund raisers that typically kill a stock. I believe the only reason we are at .24 is due to a single seller who probably owns the stock at .02-.05. If he only knew. Once he is gone forget about it....
How did you come about this stock mkkanman? looks positively interesting!
this stock is set to explode. they have reinvented themselves into an oil and gas company. great potential and management.
This stock is a hidden gem. Their new hip-e computer caught my eye at the Microsoft booth at the CES show in Vegas as I was always looking for a cool computer for my daughter.
I think it's a great concept and an even better turnaround story. The company was bought by a team of investors in early 2004 and brought in new and experienced managers to develop the hip-e computer. They started shipping the computer in December and the improved sales and profit markets should start showing in their next quarterly report which should be released in Feb 05. The current m/c is only about $12 Mio which I think is ridiculously low. When I first saw their computer I thought their m/c would be around $ 200-300 Mio.
Check out the press releases of the last 6 months. News about customers canceling orders, directors quitting their jobs, super low profit margins and of course a very competitive environment make you understand why investors just gave up and the stock is as such depressed levels:
http://finance.yahoo.com/q/h?s=DLFG.OB
I think the risk to the downside is very low but the stock could turn into an amazing turnaround story.
Thoughts?
Making money spoken here: SimpleSpeak + EasySpeak
I viewed the hip-e pc, and it might be a winner.
For grown-ups (old farts like me) "Its the economy stupid."
For teenagers "Its the music and games, Mom & Dad."
D:oug
Doug, congratulations on your new board!
Will English be spoken here or should we speak in tongues or astral-code?
Click Here: America. Live off it or leave it!
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