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.
These guys seem to be pretty aggressive promoters from what I have seen in the past. Kind of surprised they mention no compensation as these guys have been known to get a lot of shares in the past. Might have something to do with the intense amount of trading today. This run could reverse quickly so everyone play your cards carefully.
That was an intense amount of sell off yesterday on this split which is odd for this type of activity. I couldn't help but get some speculation shares expecting some sort of a bounce. (glad I did!)
Today's news has growth written on it and I am interested to see how this continues to make new developments.
TOPZ did 5 for 1 forward split yesterday at $0.30. Now, it has 500 million S/O, Huge!
Topaz Resources Acquires 4 Producing Oil Wells
Tuesday , November 16, 2010 06:00ET
DENTON, TX -- (Marketwire) -- 11/16/10 -- Topaz Resources, Inc. (OTCBB: TOPZ) today announced that it has completed the first phase of the consolidation into Topaz of a North Texas shallow oil project by acquiring 4 producing oil wells located in Wichita County. Topaz intends to undertake a workover program on each of these 4 wells as the most cost efficient means of increasing production on these wells. The Company also intends to bring several additional wells back on-line through this workover program.
Of strategic importance, this acquisition includes 1 injection well, critical for this Topaz North Texas shallow oil project because it enables Topaz to dispose of the water generated from production of existing and new wells in an efficient and inexpensive manner, instead of paying 3rd parties to haul the water away.
The remaining consolidation of this Topaz North Texas shallow oil project is scheduled to be completed in November.
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
Topaz Resources Acquires 4 Producing Oil Wells
Tuesday , November 16, 2010 06:00ET
DENTON, TX -- (Marketwire) -- 11/16/10 -- Topaz Resources, Inc. (OTCBB: TOPZ) today announced that it has completed the first phase of the consolidation into Topaz of a North Texas shallow oil project by acquiring 4 producing oil wells located in Wichita County. Topaz intends to undertake a workover program on each of these 4 wells as the most cost efficient means of increasing production on these wells. The Company also intends to bring several additional wells back on-line through this workover program.
Of strategic importance, this acquisition includes 1 injection well, critical for this Topaz North Texas shallow oil project because it enables Topaz to dispose of the water generated from production of existing and new wells in an efficient and inexpensive manner, instead of paying 3rd parties to haul the water away.
The remaining consolidation of this Topaz North Texas shallow oil project is scheduled to be completed in November.
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
edit-xdate is the only date you need to know, own it at the close today and you get the split.
what it close at today? .149, thats the number they'll use when it opens tomorrow. .02?? course it will trad where ever the market decides.
The link you provided shows the record date for the stock dividend is November 12. I think that means you must have bought by November 9 to be on record by the 12th. So if you bought today you don't get the 5 new shares. Unless there is a due bill attached I guess, but I've never really understood due bills.
Seems to me the share price ought to be 1/6 of what it was on November 9, or about 5 cents.
Also not sure why on earth TOPZ would split the stock 6:1 like this when price was only $0.30 or so.
circling the bowl and split is tomorrow, weird
http://www.otcbb.com/asp/dividend.asp?sym_id=TOPZ&dDate=11/12/2010&sDateType=Record_date
Here is what I found...I hold no position here...this is JFYI GL
......................
Company: Topaz Resources Inc. ( TOPZ ) Promoter: TheSUBWAY.com
10/19/2010
End of Day: Close: 0.53 Volume: 110,336
Change: 0 % Change: 0
3 Month : High/Low: 0.574 / 0.3 Volume 3m : 88,341
Compensation: none
Company: Topaz Resources Inc. ( TOPZ ) Promoter: TheSUBWAY.com
10/18/2010
End of Day: Close: 0.53 Volume: 79,100
Change: -0.04 % Change: -7.018
3 Month : High/Low: 0.574 / 0.3 Volume 3m : 88,002
Compensation: None
Company: Topaz Resources Inc. ( TOPZ ) Promoter: TheSUBWAY.com
10/14/2010
End of Day: Close: 0.57 Volume: 19,074
Change: 0.035 % Change: 6.542
3 Month : High/Low: 0.574 / 0.3 Volume 3m : 98,783
Compensation: none
Company: Topaz Resources Inc. ( TOPZ ) Promoter: QualityStocks.com
10/14/2010
End of Day: Close: 0.57 Volume: 19,074
Change: 0.035 % Change: 6.542
3 Month : High/Low: 0.574 / 0.3 Volume 3m : 98,783
Compensation: None
Company: Eagleford Energy Inc. ( TOPZ ) Promoter: WallStreetOpinions.COM
10/13/2010
End of Day: Close: 1.3 Volume: 9,200
Change: 0.05 % Change: 4
3 Month : High/Low: 1.3 / 0.85 Volume 3m : 5,281
Compensation: none
Company: Bohai Pharmaceuticals Group Inc. ( TOPZ ) Promoter: Stock Wire
10/13/2010
End of Day: Close: 2.1 Volume: 13,345
Change: 0.03 % Change: 1.449
3 Month : High/Low: 2.4 / 1.26 Volume 3m : 30,126
Compensation: None
Company: WebSafety Inc. ( TOPZ ) Promoter: Stock Wire
10/13/2010
End of Day: Close: 0.35 Volume: 8,700
Change: 0 % Change: 0
3 Month : High/Low: 2 / 0.335 Volume 3m : 35,181
Compensation: None
Company: Convenience TV Inc. ( TOPZ ) Promoter: Stock Wire
10/13/2010
End of Day: Close: 0.1 Volume: 48,020
Change: -0.005 % Change: -4.762
3 Month : High/Low: 0.35 / 0.08 Volume 3m : 111,531
Compensation: None
Company: Vidaroo Corp. ( TOPZ ) Promoter: Stock Wire
10/13/2010
End of Day: Close: 0.049 Volume: 170,450
Change: -0.001 % Change: -2
3 Month : High/Low: 0.1 / 0.036 Volume 3m : 123,537
Compensation: None
Company: General Environmental Management Inc. ( TOPZ ) Promoter: Stock Wire
10/13/2010
End of Day: Close: 0.012 Volume: 9,571
Change: 0 % Change: 0
3 Month : High/Low: 0.039 / 0.01 Volume 3m : 44,786
Compensation: None
Copyright © 2010 Stockpromoters.com.
All Rights Reserved. (Terms and Conditions) About Us What's New F.A.Q.'s Useful Links Privacy Policy Disclaimer Penny Stock Blog Contact Us
Financial Market Data powered by Quotemedia.com. All rights reserved. Terms and conditions.
NYSE/AMEX data delayed 20 minutes. NASDAQ/other data delayed 15 minutes unless indicated.
This might get down to .10 before the divy comes out and the shares get diluted IMO.
They need to keep this pumped up as high as they can.
I just got an e- mail pumping TOPZ from "Strong Buy Alert" There was no mention of the pumper getting any compensation from TOPZ. Pump makes a big deal of the experience of the current CEO, and his team, but these are all new to TOPZ since the shakup - of which nothing is mentioned.
The issuing of the dividend is a form of dilution. No one wants a dividend that will directly decrease the value of their shares. That is why the price drop on the news. It should pick back up once everyone has cashed out their dividend, and its effects stablize.
IMO
Best to all.
Next few sessions will tell and any news with positive developments could factor in here. I will be digging for more info and looking into their operations some more. I will share anything of interest.
maybe, guess im back to watching this one again.
Seems there is upside here and we will continue to do our DD. It was holding easily in the mid .50's and now is starting to trade in the low .30's so this may be a chance to get cheaper shares but then again...
i understand a mailer went out in july. i just received this one this month. not sure of the exact date it came. i just got home from a month working out of state.
volume 1 , issue 4 october 2010 energy stock report.
headline news alert on the front page
topaz recently announced it has signed a loi with rmj, a private independent oil and gas company, to partner in a multi-well development program. i dont own any of topz any more. maybe i should of held on to it.?
P101 - that was back in July when the price dropped off?
Looks like this could have a decent bounce from this zone. Anybody playing it?
i got a mailer from investers outreach services.
DD is someone sending out a mailer on this stock?
Yeah I would assume after the record date many would just bought for the divy would sell. Looks like it could be a buying opportunity.
I guess, but the stock price drop useally happens after the ex-date or the pay date not when the news comes out on a straight stock payment dividend announcement....weired.
Thanks for the heads up, guess i will wait to buy when it gets to $o.oo.
Big drop in price today, has to do with the divy I assume?
This pos is trading about .315 higher than it should be. P & D scam imo and always has been...
TOPZ announces share dividend of 5 for 1 equal to $1.50 at this weeks close.
http://finance.yahoo.com/news/Topaz-Resources-to-Issue-iw-1103941667.html?x=0&.v=1
TOPZ Video Chart 7/30/10
http://www.qualitystocks.net/videocharts.php?chartvid_id=452
Topaz Resources Inc. is not a current client of QualityStocks
I also got the mailer
keeping an eye on it. and it s way down again today?
down big time today but after reading the analyst report it might be a good time to pick up a few shares. Whats up?
I recieved that mailer, too... and a postcard
don't know anything--just saw the news
they sent me a packet of info in the mail out of the blue. did anyone else get one? it looks like a good company.?
ruh-roh: Channel 8 News (Dallas) reporting Colorado-type "flaming faucets" in Montague County:
http://www.wfaa.com/news/local/Flaming-faucets-alarm-Montague-County-family-97994344.html
I need to do some more dd here but looks like they are really trying to get some attention. Any thoughts? Big downer today but it might be an opportunity to pick up cheap shares.
Looks like,
Topz is getting some good volume. Just thought I'd mention the obvious. LOL.
Over,
03
very good very impressive overall..GG!!!))
nice to bank some nice profs in this shady otc environment lately lol
Your top(Z),
is looking good. Edit: delete.
lookin great indeed!)
yup worked out well and hoping dollars become the norm here soon!)
If you're still in,
this stock. It is getting better bid support.
Turned out to be a great play.
03
lookin like bucker approaching again .94x1 ask next 1.01s lets see what haps..looks like mms still hungry for any whackers shares too..good to see imo
The Barnett Gas Project
Topaz has approximately 3,300 Barnett gross acres in the natural gas heart of the Barnett play and surrounded by existing production and current drilling activity. Approximately 1,850 of this Barnett acreage were included in a 2006 farm-out agreement. Under this agreement the Topaz group participated in drilling and completing sixteen wells, all of which were successful commercial wells. Six of these wells were funded and acquired by a privately held company and ten wells have been acquired by Pioneer Natural Resources Company ("NYSE:PXD").
Our immediate capital budget includes drilling one to three new Barnett horizontal gas well at a depth of 8,000 to 9,000 feet. Topaz's acreage in this project area easily could accommodate drilling 20 to 30 new horizontal Barnett wells.
http://www.topazresourcesinc.com/
Topaz Area Of Operation
Topaz has focused its attention on North-Central producing formations located within approximately 15 counties immediately northwest of Dallas, Texas. Within these counties, the Barnett Shale/Newark East field has become one of the biggest natural gas plays and drilling booms in the continental United States and the largest producing gas field in Texas. Topaz has access to an extensive portfolio of producing and to-be-developed natural gas properties/projects throughout north, central and west Texas.
The Barnett Shale/Newark East field has become one of the biggest natural gas plays and drilling booms in the continental United States and the largest producing gas field in Texas. The Barnett is located within approximately 15 counties immediately northwest of Dallas, Texas. Improved completion techniques have allowed operators to more than double daily production in the Barnett since 2006 to about 4 billion cubic feet ("Bcf") per day from over 6,000 Barnett wells. The drilling activity is intense with ±70 rigs running in the area. The play has drawn attention from small/fledgling participants to some of the nation's largest public energy companies.
Topaz Launches New Website
May 4, 2010 11:42:00 AM
DENTON, TX -- (MARKET WIRE) -- 05/04/10 -- Topaz Resources, Inc. (OTCBB: TOPZ), an independent oil and gas company ("Topaz" or the "Company"), today announced that it has launched its new website at www.topazresourcesinc.com, which offers a wide spectrum of information about the company, its structure, its properties and the oil and gas sector.
"We would like to take this opportunity to invite everyone to follow our website as we grow Topaz Resources into a significant company in the oil and gas sector," stated Edward J. Munden, President and CEO of Topaz Resources.
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. For more information please visit www.topazresourcesinc.com.
Forward-Looking Statements: This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
Natalie Bannister
Investor Relations
573.631.2193
Email Contact
Topaz Resources Announces Appointment of Industry Veterans as Senior Management
Date : 04/29/2010 @ 4:00PM
Source : MarketWire
Stock : Topaz Resources, Inc. (TOPZ)
Quote : 0.64 -0.02 (-3.03%) @ 8:26AM
Topaz Resources Announces Appointment of Industry Veterans as Senior Management
DENTON, TX -- (Marketwire)
04/29/10
Topaz Resources, Inc. (OTCBB: TOPZ), an independent oil and gas company ("Topaz" or the "Company"), today announced that the Company's Board of Directors has named Edward J. Munden, 59, as President and Chief Executive Officer and Robert P. Lindsay, 67, as Chief Operating Officer.
Edward Munden is a professional geological engineer with an MBA with over 30 years of experience in the energy sector. From 2001 to present, Mr. Munden has focused on development and financing of oil and gas leasing and drilling projects in the Barnett Shale play in north-central Texas executing a strategy of accumulating a solid mineral lease position and building a strong operational capability. From 1994, Mr. Munden was a director and CEO of a Dallas based independent NASDAQ-traded public oil and gas company engaged in the exploration, development and acquisition of oil and natural gas properties until it was sold for over $150 million in December 2001.
Robert Lindsay is a second-generation oil and gas professional with over 43 years' experience in the petroleum industry. He has planned and executed drilling and rework programs in Texas, Louisiana, Kentucky and New Mexico. From 2001 to present, Mr. Lindsay has focused on locating, evaluating and securing mineral leases in the Barnett Shale play in north central Texas, wherein he has drilled or participated in over 250 oil & gas wells in the immediate region; has assembled, drilled and sold over 10,000 acres with dollar values approaching $100 million; and has built and sold 6 Barnett Shale drilling rigs. Prior to this, Mr. Lindsay was Chief Operating Officer of a NASDAQ energy company responsible for all administrative and operational aspects of the company's producing and development properties. From 1973 until 1995, Mr. Lindsay managed over 200 employees and 10 drilling rigs concentrating on drilling oil and gas wells throughout north Texas. Prior to 1973, Mr. Lindsay held senior positions with an international oil and natural gas drilling and exploration company headquartered in Tulsa, Oklahoma.
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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Contact:
Natalie Bannister
Investor Relations
573.631.2193
Email Contact
LOL. No problem.
Happy days :)
03
you might want to let DFLY know..^TIA
I guess it's up to individual interpretation. Now, back to the 7 for 1 splitter you're missing........
lol...ok...so you think bid wacking a 30% spred is smart..without even trying to be best ask first? when the ask was the only thing getting hit untill then,,,,hmmm...any ways..with scottrade not going to get into anymore otcbb splits at all.took to long to get my shares.If,when I get a zecco account,then maybe
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: |