Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Damn, if Topaz had news this would rocket....
Me too. This one has bottomed and going up.
Adding today!!!
Up 25% !!!!!!!!!!
Tight spread, constant news, great industry, great outlook....IMO this is the bottom and it will go up....I have been adding all day!!!
This should be a bottom @ .020, hopefully up from here.
Any ideas on this?
a great buying opportunity imo
What's going on? A week ago this was at .048 and now it's below .03??
Hit .03 today so I added to my position...hope this is the bottom
Anyone think this will go up on Monday?
News out after market today. Should be interesting to see what happens tomorrow.
DENTON, TX -- (MARKET WIRE) -- 11/30/10 -- Topaz Resources, Inc. (OTCBB: TOPZ) today announced that it has commenced the first phase of its work over program on its North Texas shallow oil project, which comprises 543.69 acres with a history of proved producing oil wells, located in Wichita County.
The first phase of the work over program will involve remedial work on existing well bores, which will include pulling the rods and tubing, checking the down hole pumps, cleaning the well bores, shooting the fluid levels and resetting the pumps.
Topaz expects this work to take a few weeks and to provide immediate and significant increase in production.
About Topaz Resources
Topaz Resources is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas. The Company's website can be found at www.topazresourcesinc.com.
Not on fire today but building a new base in my opinion. Spring loaded to do something that is for sure.
this is gonna be FIRE tomorrow... imo.
Seems like we should expect some significant acquisitions by year end. This could bode well for us shareholders. I just reentered last couple days. Need to play this one carefully as the more heavily promoted it is the more shares there are likely on the street and this means volatile action as if you can't already see that.
DENTON, TX -- (MARKET WIRE) -- 11/29/10 -- Topaz Resources, Inc. (OTCBB: TOPZ) today announced that it is in the process of consolidating approximately 750 net acres in the oil leg of the Barnett Shale in Montague County in North Texas.
This oil leg often is referred to as the Barnett Combo shale oil play, which refers to the presence of both oil and natural gas in certain parts of the Barnett shale formation in the Fort Worth basin, particularly the north side of the Barnett shale in Montague and Cooke counties. Potential reserves for the Barnett Combo play in Montague and Cooke counties are estimated to exceed 70 million barrels of oil and 175 billion cubic feet of natural gas per square mile, including over 280,000 barrels per well.
Like other unconventional oil plays such as the Bakken shale in North Dakota, the Barnett Combo is in the spotlight as prices for oil continue to remain high and therefore very attractive.
This transaction is scheduled to close in December.
About Topaz Resources
Topaz Resources is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas. The Company's website can be found at www.topazresourcesinc.com.
My thoughts (if you care)
I see a rise up to the end of the year. Will be interesting if anything new and inviting shows up news worthy the next 30-45 days to keep it going. If so could be a great first qtr 2011 also.
Been hearing 25 and 30 cents, not sure if that is possible but you never can tell. I would think 12 - 15 cents is quite possible prior to yr end.
(I would take a double or triple from here -- wouldn't you ??)
TPB
Just got into TOPZ today after reading about their recent news within the last few weeks. They're definitely putting out the PR's needed to stabilize a profit. What do you guys think about the future of this company? How will December look?
Hey there!!! not in this anymore..was in it for the R/M and F/S...good luck to you if your playing
I just got an email promo from Wall St Grand on TOPAZ
We all know how successful we have been picking winners in the commodity sectors especially gold, silver, and agriculture. One commodity that we think is poised to make the next run is Natural Gas. There is no doubt that natural gas is the most oversold and undervalued commodity in the market right now. This is exactly why we like it and have been looking for companies that are positioned to capitalize on the upcoming turnaround in the undervalued commodity...
Topaz will make announcements during...
... December of additional acquisitions of Barnett Shale gas and oil properties and partnerships.
;)
Sounds like they are preparing a PR campaign end of year.
DENTON, TX--(Marketwire - 11/26/10) - Topaz Resources, Inc. (OTC.BB:TOPZ - News) is pleased to provide an update regarding the Company's continued commitment to exploration and production of natural gas as part of developing a balanced portfolio of oil and gas properties.
The Powell Barnett Shale Newsletter recently has reported total natural gas production in the North Texas Barnett Shale has passed a milestone level of 8 trillion cubic feet. The area continued to produce more than 5 billion cubic feet per day in the first eight months of this year, despite a steep decline in drilling since gas prices crashed in the latter half of 2008.
The report also stated, "Natural gas will be the clean-burning fuel ... which the United States will use as its primary energy in the decades to come. This will drive up the price and increase production of natural gas everywhere, as it is also good for the environment as compared to oil and coal."
Topaz is pleased with this positive news as it supports the goals and objectives of the Company going forward, which will include announcements during December of additional acquisitions of Barnett Shale gas and oil properties and partnerships.
About Topaz Resources
Topaz Resources is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas. The Company's website can be found at www.topazresourcesinc.com.
It is now .0041 x .045.
MM HDSN moved to .05
Looking good for a steady pps climb.
MM HDSN seems to have a lot of shares to unload but finally moved from .042 and he's now at .043.
I think HDSN is running out of shares.
Today we have a lot of buying pressure.
Looking to see pps above .1 in a few days...
When HDSN moves from the best ask, watch out above.
Make that .035 LOL :) Might find its bottom here soon.
There has been some interesting action as of late. It has had a lot of volatility over the last year but the updates as of late seem to have some merits. New developments and improved cash flows and this could pan out to something going into 2011.
Wow..this is down to .05 area? unreal
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49604309
Also important is their funding goals and potential for over dilution.
OVERVIEW
The following discussion and analysis should be read in conjunction with the
financial statements, included herewith. This discussion should not be construed
to imply that the results discussed herein will necessarily continue into the
future, or that any conclusion reached herein will necessarily be indicative of
actual operating results in the future. Such discussion represents only the best
present assessment of our management.
Our immediate priority is to either secure suitable financing to continue with
our existing business or change our business and conclude a merger, acquisition
or combination with a business prospect. This is critical to insure our survival
and to preserve our shareholder's investment in our common shares. At this stage
in our operations, we believe either course is acceptable, as our operations
have not been profitable and our Company will fail without further significant
financing. We currently have $80,414 in cash.
Concurrent with our search for additional financing for our existing business,
we are also actively seeking business opportunities with established business
entities for the merger of a target business with our Company.
$0.10 was important to break if it was going to break out considering its ceiling over the last few months. When that didn't come I unloaded most of my position since this one was heavily touted and that probably meant a pull back. While it might stabilize come Monday I would remain cautious and wait for a new bottom to form.
The upside still exists but can't ever tell when this much promotion is going on. The other thing to factor in is with the 10q out after market it shows over half a billion shares outstanding which equates to over a $25M market cap here. This might be hard to hold unless they have good developments coming.
They flag penny stocks that get unusual volume spikes in the event someone has hacked their accounts and is using other people's money to manipulate the market. You have to call in to place your orders usually last a week or more.
Did some averaging up yesterday after the bounce was confirmed. Have a nice average now and this after market news may be a great kicker for tomorrow. Hopefully we don't "sell on news" here!
DENTON, TX -- (MARKET WIRE) -- 11/17/10 -- Topaz Resources, Inc. (OTCBB: TOPZ) today announced that it has completed the final phase of a consolidation into Topaz of a North Texas shallow oil project by acquiring a lease for 543.69 acres with a history of proved producing oil wells, located in Wichita County.
An analysis of logs indicates that the lease and acreage contains at least 3 productive Cisco Sand horizons at depths of 500, 1,300 and 1,700 feet, with the majority of historical production coming from the shallower zone. Topaz also anticipates that further exploration will reveal considerable deeper zone potential.
Topaz initially will concentrate on completing work overs on the existing producing wells, and then commence drilling the estimated 12 potential off set well locations, all located in the Cisco Sand Formation. Topaz also will commence the engineering work and potentially seismic work to develop a program of drilling new wells, recompleting existing wellbores and deepening existing wellbores to test the productive potential of the other known productive horizons and to exploit the deeper formations.
Adding and developing oil properties in the north and west Texas regions is a key part of the Topaz strategy to develop a balanced portfolio of oil and gas properties and to take advantage of the continuing high price of oil.
About Topaz Resources
Topaz Resources is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas. The Company's website can be found at www.topazresourcesinc.com.
Great news after market!
Let's see .1 break and a leg up after.
Topaz Resources Completes Consolidation of North Texas Shallow Oil Project
Wednesday, November 17, 2010 16:00ET
DENTON, TX -- (Marketwire) -- 11/17/10 -- Topaz Resources, Inc. (OTCBB: TOPZ) today announced that it has completed the final phase of a consolidation into Topaz of a North Texas shallow oil project by acquiring a lease for 543.69 acres with a history of proved producing oil wells, located in Wichita County.
An analysis of logs indicates that the lease and acreage contains at least 3 productive Cisco Sand horizons at depths of 500, 1,300 and 1,700 feet, with the majority of historical production coming from the shallower zone. Topaz also anticipates that further exploration will reveal considerable deeper zone potential.
Topaz initially will concentrate on completing work overs on the existing producing wells, and then commence drilling the estimated 12 potential off set well locations, all located in the Cisco Sand Formation. Topaz also will commence the engineering work and potentially seismic work to develop a program of drilling new wells, recompleting existing wellbores and deepening existing wellbores to test the productive potential of the other known productive horizons and to exploit the deeper formations.
Adding and developing oil properties in the north and west Texas regions is a key part of the Topaz strategy to develop a balanced portfolio of oil and gas properties and to take advantage of the continuing high price of oil.
About Topaz Resources
Topaz Resources is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas. The Company's website can be found at www.topazresourcesinc.com.
Notice Regarding Forward-Looking Statements
11/17/2010 (16:00 ET) Topaz Resources Completes Consolidation of North Texas Shallow Oil Project - Market Wire
ahh hahh. thanks
For instance. The gap up is a signal that may retrace to fill the gap.
I dont get the term kid gloves?
At this point, it's a "kid gloves" play, imo.
Yes I am sure that is the case. The hope here is that these funds being raised (sold) will end up bring new value to the company rather then organizers / insiders.
Workovers take money. It has to come from somewhere. Might want to check out dilution.
Not surprised although I didn't get any of it. This kind of volume after low levels in recent months is kind of a give away promotion is under way. Someone has to be selling all of that stock at these levels as well! Anyways hoping something materializes or at least holds up for a few sessions but we shall see.
Several services are promoting TOPZ in recent days.
Followers
|
31
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
835
|
Created
|
04/15/10
|
Type
|
Free
|
Moderators |
Topaz Resources, Inc. (OTCBB: TOPZ) is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas.
Our objectives are to increase shareholder value, to enhance cash flows and to grow our proven reserve values by building on our strengths and by pursuing a balanced strategy of:
We believe our experienced management team represents a strength and advantage necessary to execute our strategy. Having successfully done so in the past, our team understands what it takes to build a resource company from the ground up.
Our immediate capital program includes aggressively drilling on our Barnett Shale acreage and the consolidation, acquisition and enhancement of targeted properties.
Topaz Area of Operation
Topaz has access to an extensive portfolio of producing and to-be-developed natural gas properties/projects throughout north-central-west Texas. Primary productive formations include the Strawn Sand at 5,000 ft, the Caddo Limestone at 6,000 ft., the Conglomerate at 6,500 ft ("Conglomerate"). Fractured sections of the Marble Falls at 7,000 ft and the Forestburg Limestone at 7,600 ft. can also be highly productive. For decades until the 1980's, the drilling and production focus had been for these prolific, profitable but shallower reservoirs that occur throughout Topaz's area of interest. Each well has potentially 15 to 20 productive pay zones which can provide significant behind pipe reserves thereby increasing the life span and profitability of each well. In recent years technological advances have shifted the focus to the Barnett Shale at 8,500 ft. ("Barnett").
--------------------------
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |