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Let's hope you're right.
You're new...what brings you to TOPZ?
It sure is interesting that this is moving so much on no news. It sure makes you think something big is coming.
I dunno about you guys but I like this volatility! Keeps me sharp!
Welcome... welcome
Onward and upward.
c'MON!!!! Slap the asks people!!!!!! That's the ONLY way the PPS goes up up up!
Very strange day today in the overall market. Crude over $100 a barrel, indices finished ALL red, good stocks went down and bad stocks went up. Can I get a do over?
don't worry, Im not spooked, sitting tight, I will be patient here.
Hold your position Kimber...don't get spooked!
You talking to me? Nah...I was just distracted by other plays to really care today. I mean after so long of not looking it's hard to break the habit.
Do you see any PR yet? Are you letting them shake you off the tree? o what you want but I am a buyer tomorrow at the ASK as I was TODAY!
today we got burned bad. We will see, this stock has some life in it. Im not investing any more into this until later. This will go either way.
What does anyone have to say around here now
We need a release That will put everything in prospective of what's going on I'm not worried
Svend I am it's up to u should of took my profits while I was up yesterday, wasn't around today to see this back down again until now. Still got my shares and adding this could blast right back up again tomorrow. There's something going on with topz
Obviously, u backing away now stars, u were so positive be4
Should we buy at this price???
Explain a 60% today!!!
Buying the ASK not the bid causes increase in pps.
I think we're a ok ! More buys then sales
I knew it would happen.these guys can't hang on and let it run.they just have to sell.
It looks that way. We will see what happens over the next few weeks. If this thing falls to far I will try to get shares when this thing is way low and make some money!
Wow another good day here! This thing keeps on churning!
It has taken me over a year to see this PPS again. I couldn't be happier with the gains I've made most recently and am looking forward to seeing huge gains on my initial investment. Good times ahead IMO.
Well I bought a few more shares.I Hope I made the right choice
Well Level II shows this could easily climb to .05 before anyone even notices.
How much more will this climb before some seeking takes place
If you look at topz competitors there trading at wicked high pps
A news update of any kind would be nice this week.
This could move. I think they are going to have to release more information before we see this thing rocket off. Im happy to see that they can establish revenue to pay off debts, and to make new investments.
Current market value of company is 6,684,000 dollars. I think this is a fair valuation of the company. But the way this stock has been moving, I bet there is something going on that none of us know about. Maybe they have more than one well producing now, or maybe they hit more oil and or gas than they realized. Who knows, all I know is this stock has been green every day. It is up over 1000% from lows of this year with no news at all. This tells me that something has happened. No stock with no news, no updates, no volume suddenly comes to life and soars to near 52 week highs for no reason. Seriously there hasnt even been a paid pump and dump to get this going. There is something going on. Hopefully I will be able to load up before to soon.
My only theory is that insiders know something. We will see what this week will hold for us. This company hasnt posted news in a long time. We shall see what happens.
I would say yes IMO svend. Been here a long time and didn't give into fair
Read ..."We do not have an independent engineering reserve study report so we have made a rough estimate of 557,495 net thousand cubic feet of remaining recoverable natural gas to the Company’s ownership interest based on analogue production and a rough estimate of future production"
"The revenues of $61,172 are the result of a rework of an existing well which resulted in the production and sale of natural gas in the amount of an estimated 22,910 net thousand cubic feet of natural gas during the three months ended September 30, 2011."
So they are selling natural gas for roughly under 3 bucks a thousand cubic feet. This means that they have roughly 1.5 million dollars of natural gas that they are drilling.
I bought this stock bout a year ago.just started paying attention.Is there any chance this could take off at any time?
This can move rather quickly with a blink of an eye. Hope people are paying attention
Not a bad chunk of change. Good detective work!
Found this in their 10Q
"We do not have an independent engineering reserve study report so we have made a rough estimate of 557,495 net thousand cubic feet of remaining recoverable natural gas to the Company’s ownership interest based on analogue production and a rough estimate of future production"
"The revenues of $61,172 are the result of a rework of an existing well which resulted in the production and sale of natural gas in the amount of an estimated 22,910 net thousand cubic feet of natural gas during the three months ended September 30, 2011."
So they are selling natural gas for roughly under 3 bucks a thousand cubic feet. This means that they have roughly 1.5 million dollars of natural gas that they are drilling.
I will look this weekend for it in their financials and I will post it. Im really excited about this. Cant wait till they release more financials!!!
I looked at yahoo boards and I can't find where I got that? I have been having trouble with those boards over there, I was looking at a different stock and I kept getting two different boards with different posts. I will find where it is at though.
Great monster stellar week here...have a nice weekend everyone. Things are looking great for TOPZ! Anybody else has this as their birthstone??
If you could post a link that would be great. Did the co ever email you back?
Found out why this stock is moving.
"The Company has one well that that has recently began to produce. Although the Company has accrued limited production and sales of natural gas during this quarter from this well, as of August 4, 2011 the Company has not yet received the cash proceeds from this sale of natural gas. As the Company completes wells and begins to produce oil and natural gas it will incur production costs. These production costs will be funded from the proceeds of the sale of the oil and natural gas produced from those wells."
This is from one of their recent filings. Looks like they finally got revenue coming in. I found this on the yahoo boards.
Hopefully we will see the revenue reflect on their next filing!
Looks like we may be moving further north soon!!
So far no response from company. We will see what happens here soon. Im really feeling good about this though. I believe this could go very high. We will see what happens, hopefully it isnt just us who is excited about this! lol
looks like this is going to close green again.
I most certianly will. I will check my email a couple of times today and tomorrow.
Ok...please advise when you get something
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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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