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JustStartingOut, no you didn't offend me. After 33 years as a oilfield contractor, I have real thick skin. Also, this is America, it's your GOD given right to say what you please. Never let anyone silence you. Oh almost forgot, never hurts to offend people occasionally, it helps then build character.
JustStartingOut I would like to answer you. Of the 30, 000.00 invested, only 10, 000 I invested for myself. The remaining 20, 000.00 I gave to friends and family to invest in TADF. I did this on the hope that TADF would hit and make a better life for tbem. Reason, because when you get lucky in life, you should always give back. At this point I really don't know if I've done them a favor. Guess time will tell.
Cardinal ( Tom ) 50,000.00 dollars ? Not trying to make you feel worst, but who in their right frame of mind invests 50,000.00 dollars in a PENNY-LAND stock? PENNY-LAND, the land of smoke and mirrors, misrepresentations, lies, little if any regulations, scams, PENNY-LAND is a well known field of land mines. Any D&D done is basically worthless. Tom, I don't understand. Now, after all that, I invested over 30,000.00. You are not alone. I feel your pain. Some times TOM, you just have to laugh and say------- WHAT THE F__K ! Tom, tomorrow will be a better day my friend.
Just talked to the Camber Corp. project manager of the Apache Helicopter project. Asked him about AeroGroup and if in fact they were involved with this project. He stated since he didn't know who he was talking to he could not discuss any phase of the project. He went on to say he would also not confirm or deny AeroGroup's involvement. As you will recall, the first time I called, I was told that AeroGroup was involved to some degree. This was told to me by the Vice President in charge of all computer systems for Camber Corp. Turns out now he cannot be reached for any further comments. Really don't know what all this means, if anything. You can draw your own conclusion.
robby71a, thanks for the rebuttal. To me it just doesn't seem logical that TADF could attach their name to the Apache project if it were not true. To many eyes on the internet. Also, tell me how many of us in business today are totally squeaky clean? I, for one, have done my share of things in 33 years of business that I'm not so proud of and would do different if given the chance. We all make mistakes. It's a side effect of being human.
Question : How is it TADF as well as other news outlets have reported TADF's involvement with the Apache Helicopter project and know were on the internet is TADF's involvement been brought into question? If TADF's involvement with a goverment project the size and scope of the Apache Helicopter were not a fact, I think we would of heard from some sourcce by now. Listen, I certainly don't know the end game here, but neither does anyone else.
Question : How is it TADF as well as other news outlets have reported TADF's involvement with the Apache Helicopter project and know were on the internet is TADF's involvement been brought into question? If TADF's involvement with a goverment project the size and scope of the Apache Helicopter were not a fact, I think we would of heard from some sourcce by now. Listen, I certainly don't know the end game here, but neither does anyone else.
Max b, maybe I can best answer to no news from TADF this way. You have heard about the kid that never said a word until one day when he turned 8 and he finally spoke. Needless to say, his Mon and Dad were very relieved that he could talk. His Dad asked his son why he hadn't spoke until now, his son replied he had nothing to say until just right now. So, let's hope TADF has heard that joke.
Gaintrader, I certainly respect your opinion. It would appear from your views posted here that you don't feel TADF has a chance in hell of coming around, so why do you waste your time posting here. Maybe like BILL O'REILLY says, you just want a fair and balanced forum. There is always two sides to a story, however, I sincerely hope you are wrong about TADF. Guess time will expose us all to the truth.
Gaintrader, I certainly respect your opinion. It would appear from your views posted here that you don't feel TADF has a chance in hell of coming around, so why do you waste your time posting here. Maybe like BILL O'REILLY says, you just want a fair and balanced forum. There is always two sides to a story, however, I sincerely hope you are wrong about TADF. Guess time will expose us all to the truth.
Gaintrader, all is not as it seems. Yes I agree, TADF has it's compliance and timing problems. If they were that destructive to TADF organization, how is it possible for TADF to be involved in what seems to be a classified defense project?
moon, BITE ME! Like your style. But the only thing we are going to bite is MAINE LOBSTER while drinking champagne
feinanddandy, might I suggest that you participate in up coming conference call. You've stated your concerns here, now you have an opportunity to confront Mike with your concerns. I, for one, would like to hear the answers to your alleged accusations. This would be a fair way to help determined the truth.
Tgy, the thing that irritates me is the TADF boys are not investor sensitive. They show no respect to the very ones keeping TADF afloat --- The Investors. This is unacceptable. If they can't talk about TADF's current project, they could at least say so. I will stay for now, but this is getting old.
Tgy, the thing that irritates me is the TADF boys are not investor sensitive. They show no respect to the very ones keeping TADF afloat --- The Investors. This is unacceptable. If they can't talk about TADF's current project, they could at least say so. I will stay for now, but this is getting old.
tgy, I would be SHOCKED if you hear back. I only say this because I have left message after message, and e-mails. Have received NOTHING BACK! Let's just hope this is a case of, loose lips sink ships. Let hope it's not a case of just ignoring us.
Feinanddandy, are a you saying that your assumption on what this well will make is more accurate then Mike's assumption? You 20 bbl.'s a day and Mike 50bbl.'s a day? News flash, you are probably wrong. What's with this EMPTY barrel thing? Never heard of it. Yes you are missing something. Why don't you take a company with no cash and see how many options there are available to you. I started my oil service company on 10, 000.00. Today it generates millions annually. Guess starting small can work.
Well feinanddandy, you are the epitome of what makes this country great. Freedom of speech, thoughts and opinion. It's up to each individual to make up their own mind. Keep it coming, from the looks of the amount of GDSM's stock being bought and sold today, so far your negativity seems to be a big plus for GDSM. Feinanddandy, remember one thing, America love the underdog.
feinanddandy, it's not unusual for smaller oil companies like Tiger Oil to sell interest in their oil and gas plays. It's also not unusual for the operator to not know all the players involved in the play. Example: I take a 30% position in an oil or gas play for 300,000.00. Some of my buddies want in, so I sell them say 15% of my interest, yet as far as the oil company knows, that 30% is held by me. Nothing illegal about that transaction. As far as GDSM paying a media outlet to spread the news, what would you do if you headed a company and wanted to let the world know what your company was up to? Put a sign on your back and walk the streets. Now if you disagree with numbers and company projections, that is certainly your right to let your opinion be known. Honestly, from all your past posts I seriously doubt there is anything GDSM could do to please you.
If TADF turns out to be good, I can tell you one thing for sure. Next poker game, TADF management team will be on my team. Either they have b-lls of steel or we could be in deep sh-t. Time draws short. I'd be happy to just here them fart.
One more thing. A number of days ago, I spoke with Mike about this well. He went over how he arrived at the monthly number of 6000.00 income to GDSM. This number is based on a daily production rate of 50/bbl/per/d. of oil. The exact number Mike used per/bbl. of oil was in my opinion very conservative considering today market price. That speaks volumes for this guy. Mike is not trying to project fantasy numbers. If anything, and all goes according to plan, I would suspect generated revenues could be some what higher.
maggie61, thanks for the drill report. Looks like they are making 2 min../ ft.. @ 4256' as of drill report Friday. Total T.D. is 5194'. Should know real soon. Next look for report were well T.D. and running casing. If they run casing they are feeling pretty good about the chances of success. We will all know soon.
Maggie, Do you know the spud date? Drill time can very greatly depending on what type soil they are drilling into. If no major events occur during the drilling process, drill time on a 4600' hole should not take more then anywhere from 10 to 18 days. Then they will rig down and move a production rig in over the hole. The production rig will among other things, turn the hole over and prepare the hole for the completion phase. During the completion phase they will log the hole to determine were the zone is they want to perforate. Once that has occurred, they will call out the perforators, the perforators will run a correlation log to determine the exact depth to be perforated. Once perforated, it's time to see if the oil company spent their money wisely. Then I hope we get to see for a period of time, daily production data.
Has anyone seen any test data from this well? If they have ran a completion and placed it on production, there should be some daily data. I.E. Gas to oil ratios, casing and tubing p.s.i., Daily gross production, H20 cut, daily net H20, daily net oil, A.P.I. GRAVITY ( important because the gravity of the oil predicates dollar amount the buyer will pay. The higher the gravity, the higher the price per bbl.) Hopefully, Tiger Oil will share the lifting cost and let us know whether this lease has to pay royalties to land owners or if this lease is a fee property.. Also, it would be nice to know the mcf/d, if any. Is the well free flowing or on a secondary lift system? The answers to all these questions help determine the economic feasibility of this project.
moons speaking of Queens, Wouldn't a cannoli and icy taste good right now? How about a Ballantine beer? After that play a little stickball. I spent some time in Brooklyn with an Italian family.What a great place New York is, and what a fun time I had there. Oh I almost forgot............GO TADF.
Would someone tell me were all this speculation and innuendos is leading us all besides becoming even more confused. Might I suggest we give it a rest, and wait for Monday and make a call to Mike. Let's find out what he's got to say and inform him he must verify any information that he tells us. Should the information he gives us be false and can't be verified, then I stand ready to dump all my GDSM stock. True dumping my stock doesn't give me any return on investment but if Mike can't makes the investors believe he is a straight shooter, then this stock is totally worthless anyway. If we all dumped our stock over a week or so, it would end the players at GDSM game. I've learned in my many years in business the best revenge is to put the players in the same uncomfortable position they put you.
BJ, after this coming week is over, I will answer that question. I never like to be wrong. Really hope this coming week drings some news.
BJ, after this coming week is over, I will answer that question. I never like to be wrong. Really hope this coming week drings some news.
Juststartingout is right. The turbulence you hear TADF is NOT from the Apache Helicopter, it's from the restless natives. The natives you call your investors. Don't really care what you tell us, just say something. Oh, one more thing TADF, don't ever go into the P.R. business, because you would suck at it.
sharktnk, according to the final report they ran and cemented casing. You would only run and cement the casing if you encountered encouraging shows during the drilling phase. At this point, they will get a completion rig over the hole. Among other things, the completion rig will turn the hole over and get it ready and log the hole. After logging, the logs will be reviewed and a determination will be made to either proceed or suspend operations. If the logs look good, the next step would be to correlate the hole to define were to perforate, call and rig up (ru) the perforators to shoot the zone. After that, hopefully pace the well on test for production results.
jmhgolf, If the legal description contained on this permit matches with what Mike has said, and the permit indicates this is possibly at least the second well drilled off this pad, then I'd say GDSM is off to the races. Seems to me at this point everything that Mike has said checks out. Now we wait for the hole to be T.D. and logged and hope for positive results. Also, this well can not be classified as a wild cat. Understandable there has been great concerns as to the validity of this project, but from what I see so far, Mike's efforts should be commended. GDSM probably got a chance to participate in this play because of Mike's friendship with the owner. Hopefully Mike will issue a drilling update so we investors can be kept informed on more of a real time basis. Producer or dry hole, time will tell. Good Luck to all.
would someone please start a rumor this is getting very boring
Also, I might mention that you can call the Division of Oil and Gas located in all states (DOG) and they have very copious information on all the wells in their state. Also, they are the one's that issue permits to drill.
gitreal, 33 years ago I started a well testing service. Today we are one of the major forces in the oil testing market in our state. Having said that, NO ONE can see down that hole and there is always a risk that the hole will be dry, wet or some shows, but not economically commercial. Risks defines the oil business. However, risk can be minimized to some extent by a review of any existing data that might be pertinent to your drilling operation. I've heard of wells producing for 30 plus years. It depends on so many factors : I.E. zone thickness, is there water contact close to the oil producing zone? how hard is the well being produced, etc. In well testing operations I get asked a lot this question : how much oil and gas do I think the well will make? My answer is always the same--after we test this well for a period of time, I will let you know. Only time will tell the story.
gitreal, you would be surprised just how wrong you might be in your opinion in regards to this oil play. First, don't know were your getting your information to base your expressed views on, because I for one have not seen 1. The seismic or 3-D data information that is my understanding was performed prior to the selection of the drill site. 2. The history of adjacent wells that our on production. Our there fault blocks ? If so, has previous drilling data in the area suggested were these fault blocks are ? and what side of the fault block contains hydrocarbons. Point being, Drilling a well requires a tremendous amount of reviewed data to hope you will be successfully. Data which has not been presented to the investors. So again I ask, what are you basing your opinion on this oil play? Also, a true "WILD CAT" is a play were no other wells have been drilled. There are no producing wells any where close and yes, you are right, very high chance of a dry hole.
gitreal, you are right about a wild-cat well. However, you can T.D. a shallow well like this in about 7 to 15 days at a cost of about 750,000.00 plus,if they don't encounter any drilling problems. So, it's fairly inexpensive to drill, with a short drilling time. Depending on how many zones are encounter, the completion and testing phase should move fairly quick. Depending on completion rig availability, results should be coming within 30 to 50 days from spud date. Of course, throughout the drilling and completion stages, unfortunately there are a multitude of things that can go wrong and raise the over all costs. Being that GDSM's interest of 2 to 5% is a working interest, by selecting a fairly shallow play, Mike has minimized future maintenance expenses. Also, the fact that there are existing producers already, doesn't necessarily mean this well will hit oil. However, it gives GDSM a much better chance. Over all, in my opinion, if you are going to invest in an oil play, Mike has taken the right path. Short drill time, fairly inexpensive, with a short time frame for results. Good luck to all.
Tiger Development LLCdoes anybody know if this is Tiger Mike
moons, if you really think about it, nothing ever really changes. The basis for this truth would be : you're born, you live, you die. You enter this world with nothing, you leave this world with nothing. However, making a shit load of money while on earth is really cool.
moon-rivers-ski, One must remember that Cuervo Gold is the nectar of the Gods. Especially when you are at your beach house looking at the ocean from your terrace while barbecuing. All the while wondering why the worry over TADF. We all have a 50/50 chance. It's either going up------or down. In business, that's not bad odds.. So the Gamble says, joy life, hug your wife, love your kids, and the rest will take care of itself. Don't be so serious about Penny Land, because Penny Land could give a sh-t about you. In closing remember the words of, my personal hero, Rodney Dangerfield : Always watch out for number 1, but don't step in number 2.
Gaintrader, of course I'm not suggesting lies, etc. should be accepted over verifiable facts. What I am saying is there's and extreme shortage of verifiable facts and or truths associated with most of these emerging Penny Land companies. They are all trying to become a big boy company and that being said, tend to overstate their positions. What true ? What lies ? What's fact, what's fiction ? You pick. I for one will just be happy guessing while having fun being involved with the process.