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There you go, right on cue. I'll bet that he'll come out with a federal decriminalization campaign promise. That will make Commi-La look pretty bad.
Any day now some predidential candidate will start using that as a campaign promise too. Will it come up in the debate tomorrow? I think the reality tv show that is American politics wants that.
TRILLION ENERGY ANNOUNCES SUCCESSFUL SASB GAS PRODUCTION, HIGHLIGHTED BY ACCELERATED PAYBACK AND INCREASED PRODUCTION
Successful Production and Completion of 4 Workovers, Marks a Major Milestone in Trillion's Strategic Perforation Program, Increasing Gas Production Capacity at the Black Sea Asset
August 14, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this production update for the SASB gas field.
SASB revitalization program is off to a great start having realized the complete payback of recent perforation costs in just 35 days of production. In first phase of workover all remaining gas pay on the Akcakoca platform was perforated including three long reach deviated gas wells Guluc-2, South Akcakoca-2, West Akcakoca-1 wells and the recompleted legacy well Akcakoca-3, all drilled in the 2022/2023 program. The wells started production over a staggered period from July 9 to July 28 and have already produced 140MMcf representing a 35-day payoff of the recent perforation CAPEX.
South Akcakoca-2 has been producing for 36 days, stabilizing at approximately 2.75 MMcf/d. Guluc-2 has produced for over three weeks with an average production of 2.0 MMcf/d and now produces at a stable rate of about 1.25 MMcf/d. West Akcakoca-1 has produced an average of 0.60 MMcf/d for over two weeks with some irregularities and has not yet stabilized. Akcakoca-3 was perforated and although gas flow did not initially occur the well head pressure (“WHP”) has steadily increased from 100 psi to 478 psi and is therefore anticipated to start producing soon.
Gas production from the Akcakoca Platform has averaged 4.6 MMcf/d since the perforation program concluded.
Arthur Halleran, CEO of Trillion stated:
“The wells on the Akcakoca Platform have been completed successfully with gas production and WHP continuing to increase. This early return on our investment is a clear indicator of the field’s robust production potential. The results are very positive, giving us good indications that decreasing the production tubing size from 4 ½” to 2 3/8” using velocity strings, should stabilize gas production at the targeted rates.”
Trillion also announces that the Board of Directors of the Company has authorized the granting of stock options under its Stock Option Plan to purchase 8,800,000 common shares of the Company at an exercise price of $0.14 per share for a five-year term expiring August 12, 2029. The stock options are being granted to certain directors, officers, employees and consultants of the Company.
Nice earnings from a revenue and profit perspective. Costs and liabilities increased more than I'd like to see but definitely not in the ballpark of selling. This is looking good especially considering Florida's potential.
president/ceo dumped 400k shares per form 4 hmmmm. back to the low here, might be time to add during this bloody august.
I bought the dip this week. Kinda hope the dip dives deeper before more drill results. Considering snowline but the yukon might be slow for a few years.
time for a re-rating?
TRILLION ENERGY ANNOUNCES SASB FLOW UPDATE
July 24, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide an update on the flow rates and well perforations at the SASB gas field.
South Akcakoca-2 - Updates on the flow rates are as follows: well head pressure (“WHP”) has stabilized at 371 psi and the well was recently producing 1.94 MMcf/d using 42/64” choke.
Guluc-2 - Initial flow was diverted to the platform vent line with a 64/64” choke where producing WHP was about 350 psi, the well was shut in and within 40 minutes the WHP increased to 1200 psi. Guluc-2 is currently producing at 3.35 MMcf/d with a WHP of 484 psi using a 32/64” choke.
West Akcakoca-1 -Only two of the five zones slated for perforations have been completed at this time due a wait for a replacement tool expected to arrive Thursday. The two perforated zones contain 5 metres gas pay, where WHP went from 1150 psi to 1350 psi. Three more gas zones totaling an additional 4 metres are expected be perforated, after which the well will be tested and flowed. We expect good results based on the initial WHP increase.
Akcakoca-3 was perforated over 11 metres of gas pay with no observable WHP increase, most likely due to water loading, which is currently at 315 metres depth. The well is expected to come back on at about 2 MMcf/d upon installation of a velocity string (2 3/8 production tubing).
Images of the velocity strings ready for installation are now available at Trillion’s social media platforms.
Go for it:
https://respirerx.com/contact/
RespireRx invites any and all inquiries You’ll find the appropriate contact information below.
Jeff Margolis
Senior Vice President, Chief Financial Officer, Secretary, Treasurer and member of Board of Directors
RespireRx Pharmaceuticals Inc.
126 Valley Road, Suite C
Glen Rock, New Jersey 07452
(917) 834-7206
jmargolis@respirerx.com
Where did you hear about roaring kitty?
These "bashers" you're talking about, what exactly are they bashing? Seems to me like they were spot on, saying this is where we'd end up. How is that bashing? Because you're not told what you want to hear, even if it's the truth?
down 20% on the day, real stable.
Here you go. Call him.
https://respirerx.com/contact/
RespireRx invites any and all inquiries You’ll find the appropriate contact information below.
Jeff Margolis
Senior Vice President, Chief Financial Officer, Secretary, Treasurer and member of Board of Directors
RespireRx Pharmaceuticals Inc.
126 Valley Road, Suite C
Glen Rock, New Jersey 07452
(917) 834-7206
jmargolis@respirerx.com
Lets see if my low ball stink bid gets filled today. I'm guessing it will in a couple hours, and I'll have wished I bid lower LMFAO YOLO cheers to lotto tickets
I think tomorrow will be the blood-in-the-streets moment where crisis investors will have their fill. Next week we'll see what happens. Good luck to all.
Gotta love days like that.
Can you sell it while on expert market? I'm a USA investor using Schwab and IB and pretty sure I can't sell. If that's the case I wouldn't really be interested how it's trading until it's back on the OTC.
I like Investopedia, however I did not find the answer I'm looking for. Based on this info if I do not sell my shares when a public company goes private, I'll be forced to sell due to majority of shareholders voting to accept the offer? thanks.
Makes sense to me.
My question is (since I've never owned a public company that has been taken private) what happens to shares owned by a speculator who does not sell? Are they owners of the private company, are they forced to sell?
DOD consistently fails financial audits and has admitted to trillions being unaccounted for.
What comes first, the 10-K or Form 4 stating insider buying?
Sedar site down for maintenance at the moment... 🤯
Well said, brother. I'm right there with you.
Just email him and tell him to make the auditors work faster.
I love the poorly educated...
You just have to email him and tell him to hurry, then they'll release the financials.
Reverse engineer, make a cheaper quality version, sell, repeat.
Landslide incident at Eagle Gold Mine, but No injuries. Operations have halted pending investigation.
https://www.yukon-news.com/news/breaking-photos-show-landslide-at-victoria-gold-mine-in-the-yukon-7407932
https://www.cbc.ca/news/canada/north/heap-leach-slide-victoria-gold-eagle-mine-yukon-1.7244989
Victoria Gold: Eagle Gold Mine Heap Leach Pad Incident
June 24, 2024
View PDF
Whitehorse, YT / June 24, 2024 / Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces that, this morning, the heap leach pad (“HLP”) at the Eagle Gold Mine in Yukon experienced a failure. Operations are temporarily suspended while the site operations team along with management continue to assess the situation and gather information. At this early stage, it can be confirmed that there has been some damage to infrastructure and a portion of the failure has left containment. There have been no injuries to personnel associated with the incident. The Company will provide further information as it becomes available.
Qualified Person
The technical content of this news release has been reviewed and approved by Paul D. Gray, P.Geo., who is a “Qualified Person” as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About the Dublin Gulch Property
Victoria Gold's 100%-owned Dublin Gulch gold property (the “Property”) is situated in central Yukon Territory, Canada, approximately 375 kilometers north of the capital city of Whitehorse, and approximately 85 kilometers from the town of Mayo. The Property is accessible by road year round, and is located within Yukon Energy's electrical grid.
The Property covers an area of approximately 555 square kilometers, and is the site of the Company's Eagle and Olive Gold Deposits. As at December 31, 2023, and adjusting for mining depletion through this date, the Eagle and Olive Deposits include Proven and Probable Reserves of 2.3 million ounces of gold from 114 million tonnes of ore with a grade of 0.63 grams of gold per tonne. As at December 31, 2023, and adjusting for mining depletion through this date, the Mineral Resource for the Eagle and Olive Gold Deposits are estimated to host 234 million tonnes averaging 0.59 grams of gold per tonne, containing 4.4 million ounces of gold in the "Measured and Indicated" category, inclusive of Proven and Probable Reserves, and a further 36 million tonnes averaging 0.63 grams of gold per tonne, containing 0.7 million ounces of gold in the "Inferred" category.
Cautionary Language and Forward-Looking Statements
This press release includes certain statements that may be deemed "forward-looking statements". Except for statements of historical fact relating to Victoria, information contained herein constitutes forward-looking information, including any information related to the intended use of proceeds from the Term Facility and the Revolving Credit Facility, the amended terms and conditions of the Loan Facility, and Victoria's strategy, plans or future financial or operating performance. Forward-looking information is characterized by words such as “plan”, “expect”, “budget”, “target”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may”, “will”, “could” or “should” occur, and includes any guidance and forecasts set out herein (including, but not limited to, production and operational guidance of the Corporation). In order to give such forward-looking information, the Corporation has made certain assumptions about its business, operations, the economy and the mineral exploration industry in general, in particular in light of the impact of the novel coronavirus and the COVID-19 disease (“COVID-19”) on each of the foregoing. In this respect, the Corporation has assumed that production levels will remain consistent with management’s expectations, contracted parties provide goods and services on agreed timeframes, equipment works as anticipated, required regulatory approvals are received, no unusual geological or technical problems occur, no material adverse change in the price of gold occurs and no significant events occur outside of the Corporation's normal course of business. Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those described in, or implied by, the forward-looking information. These factors include the impact of general business and economic conditions, risks related to COVID-19 on the Company, global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future conditions, anticipated metal production, fluctuating metal prices, currency exchange rates, estimated ore grades, possible variations in ore grade or recovery rates, changes in accounting policies, changes in Victoria's corporate resources, changes in project parameters as plans continue to be refined, changes in development and production time frames, the possibility of cost overruns or unanticipated costs and expenses, uncertainty of mineral reserve and mineral resource estimates, higher prices for fuel, steel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, final pricing for metal sales, unanticipated results of future studies, seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of exploration activities, requirements for additional capital, permitting time lines, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims, limitations on insurance coverage and timing and possible outcomes of pending litigation and labour disputes, risks related to remote operations and the availability of adequate infrastructure, fluctuations in price and availability of energy and other inputs necessary for mining operations. Although Victoria has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in, or implied by, the forward-looking information, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking information. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding Victoria's expected financial and operational performance and Victoria's plans and objectives and may not be appropriate for other purposes. All forward-looking information contained herein is given as of the date hereof, as the case may be, and is based upon the opinions and estimates of management and information available to management of the Corporation as at the date hereof. The Corporation undertakes no obligation to update or revise the forward-looking information contained herein and the documents incorporated by reference herein, whether as a result of new information, future events or otherwise, except as required by applicable laws.
For Further Information Contact:
John McConnell
President & CEO
Victoria Gold Corp
Tel: 604-695-6605
ceo@vgcx.com
Eli Lilly has a giant head start over RespireRX. They will gain a ton of this market share as phase 3 human trials is light years away.
A lot of people with OSA and CSA are obese. If they can get 2 benefits in one shot, they will jump on it. The edge that RespireRX may have is pill form, rather than injection.
Targa Exploration Corp
Exploring Gold and Critical Materials in Canada
Website Home Page: https://targaexploration.com/
Download corporate presentation: https://targaexploration.com/investors/presentations/
Targa Exploration Corp
Exploring Gold and Critical Materials in Canada
Website Home Page: https://targaexploration.com/
Download corporate presentation: https://targaexploration.com/investors/presentations/
I don't think the company will update shareholders each time they have a meeting or phone call with an auditor. Management has plenty of shares, in fact in the place of cash owed to them so I'm confident they are just as eager to post a result as you are. Regarding my comment of being a shareholder, it's a good thought to ponder for one who doesn't trust management. If I didn't trust that management is doing everything in their power to progress the financials along, I would simply move on. Good luck to you.
I believe the documents are complete and in the hands of auditors. What would you like Jeff to do to speed up the auditors? Either you don't believe him that they've been submitted, or you know how to speed up a third party auditor? If the former, you shouldn't be a shareholder.
Who, the doctor?
I'll be eyeing this closely around the split. Might just be a time to get bargain basement prices.
I picked up another 600k at 0016 this morning
CFO ditched 300,000 shares this week.