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Can anyone tell me where topaz is headed.
I read thi is going to be a great stock in
2011.can someone please explain why!!!
No where to go but up.
Topaz Resources Provides Update on Q3 & Q4 Accomplishments
12/16/10
Topaz Resources, Inc. (OTCBB: TOPZ) today issued a corporate update to provide its shareholders with a summary of Topaz's accomplishments during Q3 and Q4 2010. In a formal statement, Ted Munden, the Chief Executive Officer of Topaz, stated:
"During the 3rd and 4th quarters of this year, we have made significant strides in launching Topaz Resources:
-- we have engaged two strategic partners, who are providing funding
towards the drilling of our properties;
-- we have commenced and completed the drilling of our first of a series
of Barnett oil wells, which is showing very good potential for oil
production in three separate formations: the deeper Barnett formation
and the shallower Marble Falls and Conglomerate formations;
-- we have consolidated into Topaz our North Texas shallow oil project,
which comprises over 543 acres with a history of proved producing oil
wells, located in Wichita County in North Texas and in which we have
commenced both multi well work over and drilling programs for the
first phase of 12 identifiable drill locations;
-- we are completing the consolidation into Topaz of over 750 net acres
in the oil leg of the Barnett Shale in Montague County in North Texas,
which has 18 identifiable drill locations;
-- effective December 31, 2010 we will have acquired Dark Horse Operating
Company, a full service operating company with an established track
record and capability for handling the complete operations for
drilling oil and gas wells from costing to preparation of AFE's and
permitting through to drilling, completion and operating thereof; and
-- we are acquiring a lease for 85 acres in the Barnett Shale field in
Denton County, Texas plus approximately a 45% working interest in a
horizontal Barnett gas well in that acreage.
-- we have engaged two strategic partners, who are providing funding towards the drilling of our properties; -- we have commenced and completed the drilling of our first of a series of Barnett oil wells, which is showing very good potential for oil production in three separate formations: the deeper Barnett formation and the shallower Marble Falls and Conglomerate formations; -- we have consolidated into Topaz our North Texas shallow oil project, which comprises over 543 acres with a history of proved producing oil wells, located in Wichita County in North Texas and in which we have commenced both multi well work over and drilling programs for the first phase of 12 identifiable drill locations; -- we are completing the consolidation into Topaz of over 750 net acres in the oil leg of the Barnett Shale in Montague County in North Texas, which has 18 identifiable drill locations; -- effective December 31, 2010 we will have acquired Dark Horse Operating Company, a full service operating company with an established track record and capability for handling the complete operations for drilling oil and gas wells from costing to preparation of AFE's and permitting through to drilling, completion and operating thereof; and -- we are acquiring a lease for 85 acres in the Barnett Shale field in Denton County, Texas plus approximately a 45% working interest in a horizontal Barnett gas well in that acreage.
"All of this has laid a solid foundation for growing our company, which we intend to exploit aggressively during 2011."
I hope so. This have great potential.
Quite a bit of selling in DEC seems to be leveling off. Looking for news soon.
I'm a little confused. It was at .35 before the split which puts it at about .07. Why is it bouncing at .012 to .017?
Did this bottom out?
Has VERT always been this close here?
Still seeing BS 1K Sells consistantly @ Bid. EM
TOPZ will be HUGE in 2011! Gonna be fun! EM
Shame, did it again under Bid right @ Close. EM
MM's BS games. 1K ($17.00) Sells going below Bid. EM
yep...very nice day for TOPZ
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.
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.
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.
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.
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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").
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