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That's it? That's your response? "You give lots of advice that everyone knows" without even a period at the end?
Do you not even see the irony in your response?
The pinks are for gambling, everyone knows that. However, if you truly want to engage in anonymous egalitarianism, why don't you go to EVERY pink board and repeat your post. That is, if your goal truly is to keep 'the folks' from losing their money. You say you can't miss with bashing pinks because most are outright scams. Did you mean to say you can't miss by bashing and buying as you bash? I hope not. That's as bad as the paid pumpers. You've made a lot of money on pink sheet stocks, right? I think you were saying you cleaned up on PYPR so you must like high risk stocks, right? Are you implying that TNOG made no effort and that they did not honestly drill for oil and gas?
Your time spent here and elsewhere posting these sorts of reminders is your prerogative, but I'd say you are beating a dead horse at this point. Wouldn't you agree? Those who were going to sell have already sold, right? Not much buying either, but you could be preventing folks from making money by not bottom fishing on the pinks.
If you've gone into abstemious mode with the pinks and no longer play them youself and you truly want to help the newbies you should go to the boards where they're pumping a pink up on a big run. Try bashing those--you would keep a lot of folks from buying at the top and losing money. Better yet, go to one of the penny boards where they're saying "GET IN NOW!" and "WEEEE!" as they're dumping on the unsuspecting. I'm not being sarcastic. I honestly think you could do some good and your time would be far better spent. Wouldn't you agree?
Bashing or pumping on TNOG at this point is pointless unless you are merely here to gloat. You're better than that, right?
CLYP is usually on the ask--typically means dilution.
I got the 15:36:43 one, but I did not see the mirrored trade. I'm still seeing .0006 on the streamer. Would be nice to go into the weekend seeing that.
Did anyone just see an .0006 trade just go by? My streamer says that, but my last trade doesn't show it...weird.
I think it will keep getting more interesting between now and summer. As for March, in like a lamb, out like a lion. Well, we can only hope, ha ha.
Anybody going down under to Queensland?
I agree with you that Maupin's predictions have not aligned themselves with reality so far. That disappointment has already been expressed in the current stock price. However, I still think the best time to buy a pink sheet stock is when news seems somewhat bleak (if there is news at all) and the time to sell some is during the runs when exaggerated optimism abounds. Now is not the time to sell. TNOG still generates a lot of interest--even among those who own no shares. They yet may find significant oil and gas if they can get their act together.
Fair enough, but you can't predict the future. Someone knows there is still some kick in this dead horse, lol
The Stanley # 1B well is an excellent candidate for this process. This well originally produced over 30,000 barrels of oil and a substantial quantity of gas as a vertical well. The Stanley # 1 B Well has a large, 5 ½” diameter casing to more easily facilitate re-completion by horizontal drilling than smaller well bores generally found in the area.
The Stanley #1 Well is being held for possible water injection purposes.
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This is currently on Titan's website.
TNOG should have three zeros in front of the price if things are as bleak as you say. Why do you suppose that's not the case?
Correct. Where do we go from here is the question. TNOG is still standing. This one well does not make or break the company IF what you say is true--they would have lost ONLY 16.9 percent on a well that they spent little money developing.
If TNOG "only" has 16.9% interest in this well as you've told us over and over...then they don't stand to lose much if the well is plugged, now do they?
Whether or not this horse is dead or alive, it has already taken enough beating.
We are stuck--I was hoping someone would break out a paintbrush and snag us one of those .0006's for the close...but no dice.
Tomorrow brings new hope!
SloJon, it's best to put the vociferous professor on ignore. That's what I finally did. He's here to irritate, er, 'instruct' long-time holders into selling....or at least get them tossed in jail and silenced, while at the same time parading his peacock ego. JMHO.
I just read an interesting story in "Montana" magazine about that state's current booming oil industry. Like Texas, their boom went bust after the early '80s, but now it's back. They particularly use a lot of horizontal drilling (actually invented in 1891!) to locate pockets of oil and gas. I'd like to see a PR from TNOG saying they're going to do this on the Stanley Well--and use the other well for water disposal. I'd like to see any kind of news, actually.
Meanwhile, here's what I've learned about pinks: The best time to buy them is during lull periods when the price is very low with little interest or news. A lot of MMs love to work on longs during these periods..to get them to cough up their shares for next to nothing.
GLTA
NEWS/update
GOLD COAST, Australia, March 22 /PRNewswire/ -- Indocan Resources Inc (OTC: IDCN - News) Indocan officers are visiting Australia and meeting with Australian Gold Holdings Ltd directors and larger shareholders and have made several important decisions as to corporate direction. We are attending their Annual General Meeting of shareholders being held on 27 March and will present the full picture then. This will include JV structures, funding plans and what that means to all shareholders of the various entities. We will issue an appropriate press release after the AGM and explain our plans.
Shareholders and other interested parties may attend the presentation meeting of Australian Gold Holdings Ltd at 19.00 Tuesday 27 March at the Marriot Hotel and Resort Surfers Paradise, Queensland.
Further developments are unfolding relative to the Wyoming properties that we have a carried interest in once we complete the uranium buy-in. There is a much larger opportunity for Indocan to participate here as well.
This has nothing to do with TNOG. Remember your logical fallacies. This is one of them. Please stay on topic.
Medchal:
"You can, I believe, still pick up those Russian Empire bonds; they still have a price, or at least did until a few years ago, but there wasn't much going on, other than the reburial of the royal family."
A dozen spam mails for NWVM today alone...low vol...at 1.00. I've never seen such a steady stream of junk mail for one stock.
Frankie--thanks for the refresher course. Of these, I maintain that uranium will be the biggest catalyst for a run.
"With my luck I'll probably miss the action again"
Ya gotta pay to play. Why not plunk down $500 and buy a million shares tomorrow? The lotto tickets are cheap right now.
The Fed holding the line on interest rates is good for gold and TRGD. The Chinese are probably miffed because it means a weaker dollar.
IDCN supposedly has a stake in other stocks that have gone up. Perhaps they will sell some of those off to finance the stake. Or we could trade sideways for six months while they dilute to pay for it. Oh wait...we did that already, lol
Stockup--you got it. Fact: TNOG closed at .0024 today. Despite past disappointment, it hasn't added that third zero. To me, it is a sign of better things to come. That may not sound logical to some of the verbose naysayers, but to me it is encouraging.
That said, I never claimed the well was capped or uncapped. Someone else jokingly said it was producing. Not me. All I said was the TRCC is not always a reliable source. Like all bureaucracies, they sometimes fall behind and aren't up to date. It wouldn't surprise me if the well was capped. Maybe someone can do a flyover and take a picture, ha ha.
I did not see the huge trades at .004 printed after hours. That has got to be a good sign. Saw the same thing with SPRL. Obvious dilution with the AH prints. Then it stopped and the price went from .005 to .008 the next day.
I am optimistic--and seeing some .0006's today was nice. Remember, uranium is a very compelling sector right now and IDCN is in it!
GLTA
Professor, we all know you are smart. Nobody is attacking your intelligence. There's no need for straw men or red herrings tossed my way.
Now explain to me: If TNOG has nothing going on and no hope, why isn't there a third zero in front of the price? Logic dictates they have something still going on--possibly a JV with DKGR.
Whisp sounds more poetic, i.e. whisper. Have you not heard of poetic license?
I am quite familiar with logical fallacies, but thanks for showing off your intellectual prowess. I'm sure we're all thoroughly impressed. Please start using what you've learned.
TRRC is not always up to date or current. You should know that.
As for the ad hominem argument, that's not a textbook example. We won't allow name calling on this board (unlike RB where you hurled angry ad hominem attacks on me, remember?)
Everyone knows (ad populum argument) that the bird in question HAS been caught distorting the truth in the past. This is the same person who claimed he never has nor never will own TNOG shares and yet later he claims to have made a profit selling them. I would not trust what he had to say about TNOG based on these patterns.
Funny how you always instantly show up at the slightest whisp of good news. How come?
That chart does make it look like a good time to buy (or buy back for those of us who sold on the last run). However, at some point there has to be real substantive news to make this one fly for real. It can't perpetually be sustained by hints or rumors of possible news. This can only be supported by fumes for so long, eventually it has to have real fuel to run.
JMHO.
IDCN should incorporate a crab into their logo. Like a crab, this stock can only move sideways, ha ha.
Silver is up; TNRI is down. .06 as I type this. What a joke! It's dilution. Overachiever called this correctly when it was .40 and I wished I had listened to him. Now it's heading to .04. Good luck to all that remain here--I'm out.
"This stock was at a nickel before there was much trading. As far as it has fallen and as many shares as have traded, it looks like a lot more stock is in the market than there was then, so I think it is headed lower than a nickel this time around."
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I have a feeling there were a lot less shares out there during the quick ride to a buck compared with what was probably printed here on the way down. I have accessed their website from two different computers (mac and PC) and several different browsers and I can't get the investor relations part of their website to come up. I don't know anything about the share structure, the float, the TA--nothing. I bought this flying blind based on their good news and I blame only myself for losing half my money here in a few days. If this keeps going down while the POS (Price of Silver) keeps going up, then we'll know this is a POS. (Piece of you-know-what). At least for those who bought in higher. If they use the money to develop the company, that's fine. At least, for those who haven't bought in yet.
JHHO.
5 million bought on .0005 uptick--nice.
If they can drum up some good uranium news out of Australia, then .02 might be possible. Just getting to .002 would be a great start. Meanwhile, accumulation continues.
More about dilution:
Dilution:
The selling of newly issued shares. The basis in which the entire stock market revolves around is the issuance of shares to acquire the capital to sustain and allow a company to grow. This is 100% legal, even when done with 'less than good' intentions and done thru mis-representation. The less 'blue chip' a company is, the more likely the dilution will not bear fruit.
Dilution is inevitable in all companies, given it's nature and value to a company. A 'good' company dilutes minimally, and gives shareholders 'value for their money', ie; increasing/improving bottom line fundamentals.
It is HIGHLY advised to locate the Transfer Agent (TA) of any company you wish to be invested in for more than 1 week. By frequently calling the TA, you can gain a neccessary understanding to what extent the company is diluting. TAs can give you the outstanding shares (o/s) for any date you ask. By knowing the o/s on the first of the last 3 months, gives a good idea of dilution rate.
Stay far away from an issue that the TA has been gagged, atleast until you have become VERY experienced in investing/trading. There is virtually NO good reason for a TA to be gagged. None.
Who would be short (naked?) 100 million shares of a stock worth .0004. Honestly.
Let's hope that short covering frenzy only adds to the pop when our time comes.
You are right--it's obvious dilution. Plain as a baboon's behind. I hope you got in on the bottom. It's a guessing game. We should know for sure on Monday. This company is starting out and obviously I like the sector they're in and their prospects. If they're diluting and putting the money toward growing the business then it would be easier to take. Too bad many pink sheet companies are not honest and upfront with their shareholders. They naturally play the guessing game to THEIR advantage.
Yes, it is exasperating, but many start-up companies dilute after such a pop. I don't know if they're diluting or not, but it sure looks that way. Yet the news is good. If they can make a go of this during rising silver prices (and silver is way undervalued right now), the share price can recover.
Titan Acquires Ownership Interest in Prolific Past Producer
COBALT, ON, Mar 01, 2007 (MARKET WIRE via COMTEX) -- Titan Resources International Inc. (PINKSHEETS: TNRI) is pleased to announce the acquisition of a 12% (twelve percent) ownership interest in Silver Centre Resources Inc., (SCR) and the assets held by SCR, a private resource exploration company. As per the "Option Agreement" entered into by TNRI and SCR, Titan can earn up to an additional 38% ownership (for a total earned interest of 50%) in SCR by fulfilling various financial and development milestones and obligations.
SCR owns 13 contiguous patented mining claims located in the South Lorrain Township, just outside of Cobalt, Ontario, Canada. The property lies within the legendary "Temiskaming Silver Belt" and contains the former prolific past producing "Keeley" and "Frontier" Mines.
The total recorded historical production from the "Keeley" and "Frontier" Mines, combined, was just over 19.2 million ounces of silver and 3.3 million pounds of Cobalt.
TNRI together with SCR will begin work immediately on the property, with the aim of proving up mineable reserves of silver and cobalt. Phase one of the planned exploration program will commence early in the spring of 2007.
Titan will endeavor to update the progress of the exploration work on a timely basis.
About Titan Resources
Titan Resources International Inc. is an emerging precious metals company that is involved in the acquisition and exploration of both gold and silver resource properties. TNRI's goal is to become a junior precious metals producer focusing on the exploration, discovery and delivery of these and other related minerals in the global marketplace.
Forgot to tell you--that was a very clever pun, ha ha. You should write headlines.
"Whacks on, Whacks off"
You're right about the orchestration going on. The heartbeat chart that we had is also now compromised. But all the whacking also means someone is mopping up shares. Our only fear should be a reverse split. Barring that, we will get a nice pop by summer. They're in the right sector here with uranium...like I said before. If they can come up with a compelling story (Australian accent optional), up we go. JMHO
81 million shares traded thus far. I'd say a lot of cheap shares have moved all right. Bear in mind the Australian thing could bear some big news if they get their game plan together. Uranium is in short supply--especially since the Cameco mine flooding. At least they're in the right sector.