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Ditto spaceheater. Lowtrade, I must say, this is the first time you and I part ways. Crow is a basher. Crow has been the ultimate basher on the RB board for as long as I've been there (crowft). I've had him on ignore for a LONG time. He plays people right and left over on the RB board and most of them buy into his diatribes and let him basically run the board, along with his partner in crime, poopdogca. It's the "Poop-n-Crow Show" over there.
Please don't buy into his ways. Please. He is as good at bashing as you say the MM's are at running this stock! He flys just under radar.
osignal, because contrary to most opinions here and elsewhere it's NOT just the MM's work. People flip this position like a pancake. I hate it more than you can imagine because I've been long since November of last year. I admit I would have loved to flip but having as much confidence in this company as I do I just knew I would be left behind. All I can do is sit and wait. Having read most of your posts on RB, I think you and I are in the same boat!
Cheers.
Here's a link to an interesting website.
It gives an interesting daily commentary on any particular stock along with recommendations as to buy/sell etc.
I'm not promoting it at all, I'm just stating I find it interesting and have been able to pick up a few trading terms and indicators.
Anyway...
It's American Bulls, here's the link:
http://www.americanbulls.com/StockPage.asp?CompanyTicker=TNOG&MarketTicker=OTC&TYP=S
By the way, according to todays recommendation TNOG is looking really good!
Pipeline update on Titan website:
Aug. 3, 2005
Titan Oil and Gas, Inc. - Gas Pipeline Completion Imminent
SAN ANTONIO, TX -- (BUSINESS WIRE) – Aug. 3, 2005 -- Titan Oil and Gas, Inc. (TNOG:OTC) is pleased to announce that the four-mile natural gas pipeline being constructed by Midway Pipeline, Inc. is nearing completion.
Midway Pipeline President Ray Reus reports: “The final load of pipe is arriving this week and we will finish laying it. Upon completion of testing, the pipeline will be put into service.”
Titan CEO Kent Jacobson comments: “We are very pleased that the completion of the gas pipeline is imminent. This coincides with our expanded drilling program on the Kosciusko # 1 Well to deepen it appx. 300 feet to our target zone. With the price of natural gas now well over $8.00, this is an exciting development for our Company.”
Jacobson adds: “The Company’s news release web page is now featuring a video interview with Ray Reus of Midway Pipeline. Please visit http://www.titanoilandgas.com/news_release.htm to see the interview.”
ditto High Hopes. Great post.
Now, for the good of the board, everyone place crowin on ignore and let's get on with business.
mimurray, EXCELLENT.
Couldn't have said it better myself!
"Why don't you go and try and save the MLON people, or the CMKX people."
lol, and:
"So come on crow, you are not fooling anyone here. NOBODY!!! This stock has been a major winner this year and for you to say that you are trying to help people from losing money is just a crock.:
mimurray...you da man!
Too bad I will not see crow's response.
Now, let's get back to discussing Titan Oil and Gas. Enough babble on useless posters that work for competing companies.
Save us indeed! lol
Great read from this mornings NYTimes:
When the Backyard Views Are of Wells and Drilling Rigs
By KATE MURPHY
Published: July 31, 2005
WHEN Peggy and Bob Utesch bought a house five years ago on four acres in a town called Silt in rural Garfield County, Colo., they envisioned a quiet, pastoral life. What they got instead was the constant noise and exhaust of heavy trucks and natural gas drilling equipment, not to mention rig workers urinating on their lawn.
"It was quiet and peaceful when we moved in, but by the time we decided to move last March, there were 24 gas wells within a mile radius of our house," Ms. Utesch said.
The couple was helpless to stop the encroachment because they did not own the mineral rights to their land. So-called split estates, where ownership of the land does not include whatever bounty (gas, oil, gold, uranium, etc.) lies beneath it, are common in the United States.
"Often the landowner doesn't know that they don't own the mineral rights until the oil company shows up to start drilling," said John S. Lowe, professor of energy law at Southern Methodist University in Dallas. Real estate agents rarely address the matter, he said, "and most people anxious to close on a home don't read the fine print of the deed."
They should, because the law in most states allows whoever owns or leases mineral rights to do whatever is "reasonably necessary" to extract subterranean riches. As Ms. Utesch can attest, this includes not only digging wells but also running roads and pipelines across a yard as well as setting up housing for employees at the well site. Ms. Utesch said that she barely broke even on her house when she sold it and would probably have made money if the drillers hadn't shown up, because nearby real estate prices were rising rapidly. The man who bought her house, she said, builds custom-made jeeps and trucks with large wheels, and saw the gas well workers as potential customers.
Owners of mineral rights are under no legal obligation to compensate the landowner when, for example, they trample crops or create enormous sinkholes. "The law is tilted heavily toward the energy companies," Mr. Lowe said.
Until recently, split estates were a nonissue because of the slow pace of energy development in the United States. But because fuel prices have risen, energy exploration and drilling are at an all-time high. Several states have reported record numbers of drilling applications this year, particularly for natural gas, according to the Interstate Oil and Gas Compact Commission, an organization that advises the governors of resource-rich states about recovering oil and gas.
The increase in activity has not occurred only in traditional oil and gas producing states like Texas, Oklahoma and Louisiana; there has also been significant activity in regions like western New York and southern Kansas.
And the drilling is not just out on the range. "We're seeing significant new production in populated areas," said Christine Hansen, executive director of the oil and gas commission. An example is the Barnett Shale formation, a geologic jackpot of natural gas underneath the greater Fort Worth, Tex., area, which is home to 1.8 million people. A major player, the Devon Energy Corporation of Oklahoma City, has drilled 1,000 wells there since 2001.
Residents with split estates are not very happy. "I walk out my front door and there's a well right in front of me," said Bob Lane, an independent business consultant who lives in Haslet, a suburb of Fort Worth. "As I sit at my desk, I can feel the earth vibrating and I hear dishes rattling in the kitchen."
Unlike the Utesches, Mr. Lane knew when he bought his home two years ago that he did not own the mineral rights. "It wasn't a concern because subdivisions aren't where the oil companies normally go to drill," he said.
But within months, the heavy machinery appeared. "When they were first digging things up, the diesel engines were running day and night and they had these bright lights - it was hard to sleep," Mr. Lane said. Now that the wells are established and pumping, he said, there is a quieter, though constant, thrum and the air often smells like rotten eggs.
He is considering moving because he fears for his safety. "To me, it's not a matter of if but when there's going to be an explosion," said Mr. Lane, who also worries about property values being hurt.
The energy companies maintain that they are merely pursuing their interests in accordance with the law. And many, like Devon Energy, have tried to be solicitous of landowners in placing wells and roads. "We've worked hard to comply with their requests and let them know exactly what to expect," said Brian Engel, a spokesman for Devon.
Still, the outcry from disgruntled landowners has led Colorado, Wyoming, Montana, New Mexico and Utah to consider landowner protection legislation. Only Wyoming actually passed a statute last March. But though it requires both sides of split estates to attempt to reach an agreement, mineral rights owners need only post a bond to proceed with their plans over property owners' objections.
"If energy prices stay where they are or go higher, people should be concerned about ownership of mineral rights no matter where they live," said Mr. Lowe at Southern Methodist University. "You never know where they're going to find oil and gas deposits, and people have the financial incentive these days to not only find it but also invade your property to drill down and get it."
http://www.nytimes.com/2005/07/31/realestate/31nati.html
crow: You STILL did not answer my SIMPLE little question!
WHY THE #### ARE YOU HERE!!!???
I posed that very same question to you on the RB board a while back and also never recieved an answer.
At this point do not worry about responding. Yes, you're on ignore. I suggest everyone do the same. I also suggest the moderator of this board remove crowin. His history of disruptive behavior and mindless drivel on the RB board being the reason. Please do not let him turn this board into what the RB board has become. Check his posting history (crowft) on Raging Bull. What a loser.
CROWNIN...You didn't respond to my post, I will copy it and repost it. Perhaps you "overlooked" it? LOL, I doubt it.
You're a fake, a basher, an unemployeed worker or a worker from a competing company.
You'll also join my short ignored list here on the iHub board within 24 hours (giving you ample time to respond).
crowin, I'd just like to ask...
Why are you here!!!???
If you hate this company so much and obviously think everything they say is untrue, then what are you wasting your time bashing what we believe to be a good company with a great future?
Don't you dare say you are trying to help us and are concerned for us poor little shareholders. No, I think it goes much deeper than that.
Competing company perhaps?
Fired employee? Is that were all the old pictures came from maybe?
Also may I assume you are crowft on the RB board that I have had on ignore for some time now?</I>
Thanks spaceheater. By the way, you have my membermark on both the RB and Ihub board. Excellent DD. Please keep up the good work!
Soon we'll all be "crowin" in the face of many, especially on the RB board.
crowin, I'd just like to ask...
Why are you here!!!???
If you hate this company so much and obviously think everything they say is untrue, then what are you wasting your time bashing what we believe to be a good company with a great future?
Don't you dare say you are trying to help us and are concerned for us poor little shareholders. No, I think it goes much deeper than that.
Competing company perhaps?
Fired employee? Is that were all the old pictures came from maybe?
Also may I assume you are crowft on the RB board that I have had on ignore for some time now?
Hi monkeybiz! I guess he wrote it on the plane???
Great day. Will be even better tomorrow.
BOY am I glad I held on, have to admit I was tempted...
I, like so many others here, have a WIFE. Luckily she hasn't asked about Titan in a few days. I'm also glad she doesn't have my Scottrade account number!
aaaaaaaaand, we're GREEN!
I agree BR549. Unfortunately what small start up companies need to do is keep the investors updated...almost to a fault.
Titan did this a few months ago with PR's almost weekly, hence the .05 pps.
Now with the lack of information currently given out we have dropped.
Lack of confidence with many investors.
Last week we heard allot about PR's coming this week. Well, it's Wednesday...
Hence my earlier question...
Can anyone access the RB board? I think it's down.
We can only hope!
lol sgkr...I just re-read my message. I made a typo.
Rather than say: "buY now I say WHAT THE HEY" I meant to say "buT now I say WHAT THE HEY"
Big difference, lol
Has the RB(sheet) board been shut down?
Not that I really care, just curious.
It had really become a sesspool (or is is cesspool?).
Hopefully the same won't happen on this board due to the controlls imposed here.
By the way, it's refreshing to hear other longs, like me, that bought low haven't sold. Actually I feel a little stupid in retrospect, looking at the chart, buy at this point I say
WHAT THE HEY!
Beats me. I am totally thrown off guard by all the events as of late. I don't know what to make of anything anymore.
Texas Railroad Commission...
They govern the oil industry in Texas.
http://www.rrc.state.tx.us/
A very good post in regard to numbers:
This was posted on the RB board earlier today.
I am happy I stumbled onto it because I have all but stopped going to that once great board. It's really turned into a sesspool.
Anyway, this is a copy from one of RB's last remaining decent posters:
By: oiljacktx
26 Jul 2005, 12:58 PM EDT Msg. 58958 of 59017
(Msg. is a reply to by None.)
EXCELLENT NEWS!!!!
Someone posted that the RRC must have both Form W12 and 15 complete before it can sell oil or gas. NOT TOTALLY ACCURATE!
both these forms are registration forms to label oil production for each property, company, lease, etc. These forms are not approval forms but information forms, Like registering your production. The reason why they do this is so people cant steel your oil. Each barrel needs a sticker identifying where it came from. However A form W6 is the form that allows the company to sell under a temporary license until the other forms have cleared. This sometimes takes 3-6 mths. There is not an approval process just a filing process. The difference is manual filing under the W6 and electronic filing with the RRC , bar codes etc under the W12 and W15.
OK heres the good news!
The RRC can not disclose production numbers until the licenses are cleared under both the W12 and W 15. simply because they are not cleared in their system, its just paper filed.
And until the numbers are registered with the RRC, TNOG can not release verified numbers, ONLY brief pressures, and potential production.
Once the RRC has cleared these forms TNOG will be able to release verified production over a calculated period of time. The numbers will be then based on the RRC.
The RRC has made it very clear that they do NOT want companies publishing audited month end production numbers until they are registered with them . The reason is , a company could steal oil and claim the sale and promote their company based on false number calculation.
SO in short TNOG, under the RRC rules for production disclosure has had to keep their numbers quiet for now.
This explains alot of why we are getting news about all this work but not about the production!
Its logical when you think about it. the company has paid off their debts, paid tonnes in drilling and re-completing.
Where are they getting all this dough, they haven't announced a financing? THEY MUST BE MAKING $$$$$$$$$$$ and lots of it!
When they are cleared to release this info this will EXPLODED!!!!!!!!!
Hang on
American Bulls website just upped it's signal to a BUY-IF. If you look at the chart on the right side, they've been pretty much on target throughout this up and down play.
Very interesting site. Explains allot of charting terms used here and elsewhere.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=TNOG&MarketTicker=OTC&TYP=S
How to ignore:
Click on deadEven's message (I know, that's the hard part, lol).
Click his name.
This will bring you to his profile page. Once there you simply click:
"IGNORE THIS USER"!!!
Amazing. First notable dip in a while and the roaches come out of the woodwork. Idiots. No one listens to your doomsday bashing.
Someone get the RAID!!!!
Refer to posts # 1210 and 1211. I think he attempted a flip and the pps took off leaving lowtrade behind. He evidently moved on to another position.
I too miss him. Very knowledgable with the charts. I always looked forward to his postings.
hi capital gain: yes, qcjaguars, on the RB board, recently spoke with Midway management. Here's his posting, enjoy:
http://ragingbull.lycos.com/mboard/boards.cgi?board=TNOG&read=28587
A MUST READ on Midway Pipeline
I finally broke down and called Midway Pipeline and spoke with Ray. WOW! Another situation where I want to ask a couple questions and I hit the jackpot. Ok first first off Midway was used because they have an existing pipeline close to our wells. I am going to be honest, Ray gave up so much technical information there is noway I could remember it all and frankly I didn't understand some of it. What I am try to do is let you know the important points he made.
He did indeed confirm the pipeline is being built at Midway's cost of $75,000. And he chuckled and said "if I didnt' think it was worth it I never would have gotten involved." He said he was sorry but wouldn't speculate as to how much Titan would make but did say that yes Midway would be paying Titan for the gas produced. He was talking about nitrogen and C0/2 content which I was clueless about. But he used those terms describing what was going to take place to get the gas to a plant to be turned into gas to be put on the market.
I asked him what he saw at the sight and was it all good? He talked about the high pressure coming from the well and said something about he was there and saw the gauge. Frankly I didn't know what he was talking about. I said "the high pressure you saw, is that good?" He said. "that's REAL good." He said he had worked for Gulf Energy for many years and now owns this business.
I asked him if he was familiar with the wells in that area. He said that they were "good wells." I cannot remember exact words but again he said he was there and saw the high pressure coming from the well.
He matter of factly said something about Titan moving right along and not wasting time. And that he saw they would probably have one of the wells pumping and producing tomorrow.
He also talked about them drilling again in July which is totally consistent with what we were led to believe and what my friend Dan had said.
He also said in exact words "between you, me, and the fencepost (I dont know why he was saying this like it was a secret) there's no telling what they are going to find when they drill into the Edwards Lime." I was like yeahhhhhhhhhhhhhhhhh!!!! I said 'yeah I'm familiar with that. That could be the motherload." he said, "well I won't mislead you but i will say there is no telling what they'll find when they start drilling there." There was absolutely, positively, no doubt whatsover in my mind from the excitement in his voice that he believes there might be something substantial in the Edwards lime. And I said "yeah that'd be great huh." He chuckled and said "yeah that'd be good for me too."
I thanked him very much and he said "call me anytime." Folks it just keeps getting better. I wish I could tell you word for word what he said. This was a bigtime call! I thought the Texas Railroad Commission was big and the Wilson County Clerk but folks this is a guy onsight that has seen what's happening and HE is excited abut what's going on. He also said if I needed more information "I'm sure Pete Maupin would be happy to talk with you." I told him I was really trying not to bother him. He said Pete was a good guy and knew what he was doing. he too spoke highly of him. YEAH BABY!!!! WHOOOO HOOOOOOOO!!! YEHAWWWWWW!!!! WHOOO HOOOOOOOOOOO
Then, in a follow up posting:
Addition to Midway Pipeline convo
Ray stated he believed HIS PART should be complete in approximately 10 days. He wasn't sure from the company standpoint how far away THEY were BUT the pipeline should be done in 10 days.
WOW. Two honest investors on one board. Amazing.
ecp, yes I remember the other day when you said you sold.
Actually my heart went out to you because I know from your earlier postings you are young (anyone below 40 is young to me, lol) and relatively new to investing. This was definately NOT the time to attempt flipping. I was tempted earlier but not this week. There's something big ah' brewing here. Even Jim Cramer on "Mad Money" last night advised investing in SMALL oil drilling companies and them to top it off he mentioned horizontal drilling in the Austin Chalk!!! Holy Mackeral. He was screaming Titan (I know there are others). If I had gotten out earlier I, like lowtrade, would be buying back Monday morning no matter what the pps is!
Good luck to you ecp, I hope you stay with us. Keep us posted.
lowtrade, that's what I like about you. You're HONEST. Most, if not all posters will say "hee hee hee, I sold at the top and bought at the bottom" or "5K, not bad for a days work, this is too easy". They're, for the most part, liers. I know you've made allot on TNOG but you are honest enough to admit when the train left you behind.
Good for you. That honesty gives you credibility.
Thank you.
ECP: I totally agree with you. This is what I think, just by reading and observing the RB board. The "longs" over there are the ones that know how to play this stock. They say they are long but in fact I think most (not all) of them are flipping this baby all over the place.
I could just scream when I hear "Weeee, I just picked up another 500000" or "Hey thanks for the extra shares". What they're really saying is "OK I sold earlier today and just bought back increasing my holdings".
I'm sure this won't make me any friends over on the RB board but I'm willing to bet this is the case. Longs indeed. You know who you are. You know you're doing it. That's, in my opinion, what's holding this stock down.
Thank you lowtrade.
Have you ever considered starting your own stock website? For a resonable fee you could establish a following, give advice, work together, share information and basically recommend entry/exits for particular stocks. Tantamount to a stock club.
You should consider it. You're approach is definately atypical, your delivery of information is excellent and it seems you have a ready made base of people right here.
Think about it. I'll be your first knight in training.
BTW, is that really your picture you have posted? If not just go ahead and tell me it is. It's exactly what I'd picture you looking like.
Thanks again and I've already started printing out your little snipets of advice to refer to.
DO IT LOWTRADE, DO IT!
As always lowtrade and dragon,
I thank you for your technical information. I'm somewhat bewildered albeit appreciative.
Have freed up a few extra dollars, hopefully the pps will remain constant through the morning.
This is a great board for technicals while the Raging Bull board tends to lean toward specific company information kindled with less important trivia. The best of both worlds here!
Again, thank you, please keep it up.
lowtrade, what say ye?
You have assimilated quite a following it appears.
I'm sure I speak for others when I say, I dutifully look forward to your posts and charts daily.
Thank you for sharing your insights.
lowtrade, may I say...
You're one amazing man! I'm 50 but when I grow up I want to be just like you, lol.
Thanks for the advice. I jumped in a little to late/early depending on which way the pps was going but at least I'm in.
Long term.
I've done a little research on this company and I've been very impressed at every turn.
Thanks again.
lowtrade: Do you still thing there will be a pullback? TIA
Thanks for the advice. I emailed him.
Gee, I feel like I've just been to see the "man behind the curtain" (Wizard of Oz)!
Everyone was saying "See Matt", "See Matt". "He'll take care of you!"
Thanks again.
I'm a new member. I'd like to change my ID. Is that possible? If so how do I do it? Thanks.