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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.
I agree. The copper play will be big league!
Some big changes coming to this company.
My concern that is top of mind for all companies I'm researching are assets located in Mexico. The potential environmentalists who may soon run the politics of this country are not mining friendly. Yes, they've made statements about open pit mining, but that only signals that they are not mining friendly. Next, I believe they would come for the underground assets.
I'm (trying to work) in san diego too. but this board and rspi is just so distracting.
Why is that?
Anyone know how much funding is typically needed for a phase 2A/2B clinical study? <1.8M doesn't sound like a lot of money. Great, sure, and validating. But will this get through the whole study?
TRILLION ENERGY COMMENCES WORK PROGRAM AT SASB GAS FIELD
May 23, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this update and announce it has commenced operations program at the SASB Gas field, Turkey which will occur over a two-month period.
Operations are being conducted in several phases and involve seven or eight wells at the SASB gas field, including all six wells drilled/completed last year as well as a few older wells that historically experienced water loading issues.
Approximately 16,500 meters of velocity strings, new well heads and other tangibles have been ordered and are being received at shore base proximate to the Akcakoca port on an ongoing basis. Order delivery has been occurring over the last month and expected to continue as the work program unfolds. Service contractors have been engaged for perforations, well tractors, tubing running services; as well as marine vessels required to convey the equipment 14 kilometers offshore.
June Operations
49 meters of gas pay in four wells will be perforated commencing mid-June 2024, followed by initial velocity string installation in the AKK-3 well. Gas velocity strings, a key focus of this work program (velocity strings restrict the amount of water entering tubing to prevent water loading) are expected to improve well performance for long-term stabilize production. June operations will occur on the Akcakoca platform including Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 wells. This operation is estimated at 20 days’ time.
July Operations
The second set of operations commences during July and involves installation of gas velocity strings in 6 or more wells on the Akcakoca Platform and two tripods. Pump installation is anticipated in one or more older wells, which were not part of Trillion’s 2022-2023 drilling program on an as needed basis.
Private Placement
We are also pleased to announce we intend to complete a non-brokered private placement of up to 15,000,000 units of Trillion (the "Common Shares") at a price of $0.09 per unit, for aggregate gross proceeds of up to a maximum of $1,350,000 (the "Offering"). Each unit is comprised of a share and warrant exercisable at $.18 per share for two years. There is no minimum size to the Offering. Management of the Company has committed to subscribing for at least 20% of the Offering. Trillion may pay a cash finder's fee to qualified non-related parties of up to 7% of the gross proceeds of the Offering.
The Common Shares are being offered pursuant to available prospectus exemptions, including sales to accredited investors. Completion of the Offering is subject to regulatory approval including, but not limited to, the approval of the CSE. The securities issued will be subject to a four-month hold period from the date of the closing of the Offering.
Closing is expected to occur on or about May 28, 2024 or such other date as the Company may determine, and may be followed by additional closings until the Offering is fully subscribed.
Looks like some institution liked the latest press release.
TRILLION ENERGY PROVIDES OPERATIONAL UPDATE
April 8, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this operational update for the SASB gas field.
Trillion is starting the SASB revitalization project now as all relevant equipment and supplies for the start of the operations arrive mid-April 2024. As mentioned previously a total of 49 metres of new gas pay will be perforated in Guluc-2, South Akcakoca-2, West Akcakoca-1 and Akcakoca-3 prior to the installation of the artificial gas lift (AL).
Shifting the start of the SASB revitalization project from the end of the 1st Qtr. to the beginning of the 2nd Qtr. was the result of “the only solution is the correct solution”. Previously, the SASB AL program consisted of PCP pumps, ESP pumps and velocity strings. However, with new skilled personnel hired that has changed to predominantly velocity strings for step one and years down the road a water pump installed to prevent future water loading. A velocity string is just a smaller diameter production tubing, as currently the new wells have 4 ½” production tubing and the company will just thread 2 3/8” production tubing inside of the 4 ½” tubing.
Al Thorsen states:
“From my experience, velocity strings are the best solution at this stage of the gas producing wells as velocity strings are cheap to install, relatively simple to operate, have no moving parts and are well suited to high gas producing wells. These wells have large volumes of gas yet to produce and the velocity string is the first step, in the future 5 to 6 years from now when the wells have most of the gas produced, at that time PCP pumps or ESP will be installed to extend the gas producing life of the wells”.
Installing velocity strings requires substantially less capital compared to installing PCPs and is much faster.
Further updates will be provided as SASB’s gas production increases.
Time to do a little bottom fishing here.
No excuses, then. TRLEF should find some oil.
TRILLION ENERGY ANNOUNCES CFO AND DIRECTOR CHANGE
March 8, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) has announced the appointment of David Thompson as Interim CFO and a search for a permanent Chief Financial Officer (CFO). The Company also announces grant of stock options.
Mrs. Ozge Karalli will no longer be able to fulfill the duties of the CFO as a result of her termination with Park Place Energy, Trillion’s operating subsidiary in Turkey. David Thompson, a director and former CFO of the Company has agreed to act and has been appointed as interim CFO until a new permanent CFO is appointed. Trillion has enacted a transition leadership plan until a permanent CFO is confirmed.
Mr. Thompson has 30 years of financial experience in the international oil and gas industry in the U.S. Europe, Turkmenistan and is managing director of AMS Limited, a Bermuda based management company. He has served as president and CEO of Sea Dragon Energy Inc. (London exchange: SDX), Financial Director of Forum Energy Plc (AIM) and SVP at Larmag Group of Companies. Mr. Thompson is a CPA since 1998.
Kubilay Yildirim has resigned as a director of Trillion Energy effective immediately. The Company intends to commence a search for a replacement director, which it anticipates being completed no later than in time for the next annual general planned for July 2024.
The Company announces it has granted options to acquire a total of 2,450,000 common shares of the Company to its directors, employees, consultants and officers, pursuant to the Company’s 2022 long-term equity incentive plan, at an exercise price of $0.20 per share for three years subject to vesting conditions.
Planet 13 Reports Unaudited, Preliminary Fourth Quarter and Full Year 2023 Financial Results and Date for Full Earnings Release
LAS VEGAS, NV / ACCESSWIRE / February 27, 2024 / Planet 13 Holdings Inc. (CSE:PLTH)(OTCQX:PLNH) ("Planet 13" or the "Company"), a leading vertically-integrated multi-state cannabis company, today announced its unaudited preliminary financial results for the fourth quarter and full year ended December 31, 2023. All financial information is provided in U.S. dollars unless otherwise indicated and is prepared under U.S. Generally Accepted Accounting Principles ("GAAP").
The Company will host a conference call on March 13, 2024, at 6:00 p.m. ET to discuss its fourth-quarter and year end financial results and provide investors with key business highlights, strategy, and outlook. The call will be chaired by Bob Groesbeck, Co-CEO, Larry Scheffler, Co-CEO, and Dennis Logan, CFO.
CONFERENCE CALL DETAILS
Date: March 13, 2024, | Time: 6:00 p.m. ET
Participant Dial-in: Toll Free: 888-506-0062 or International: 973-528-0011. Access Code: 815562
Replay Dial-in: Toll Free: 877-481-4010 or International: 919-882-2331. Replay Passcode: 50013
Listen to webcast: Link
"Given the turbulence of the last few months, the challenging macroeconomic backdrop, and the continued cannabis price compression we are seeing, I am pleased to report a solid quarter. We generated solid revenue performance and positive Adjusted EBITDA, driven by gross margin expansion and strong cost controls. We continue to hold ~9% of Nevada's retail market share and top five brands in every category, demonstrating the strength of our Nevada operations and brand value," said Larry Scheffler, Co-CEO of Planet 13. "In spite of recent events, Planet 13 is generating positive Adjusted EBITDA and continues to have a strong balance sheet with over $17 million in cash and effectively no debt. We are well capitalized to continue executing our announced growth plan in Florida and Nevada."
"Towards the end of the quarter, we opened our new Illinois location and are working towards closing our acquisition of VidaCann and opening our consumption lounge at the Las Vegas SuperStore. These exciting additions are set to drive Planet 13's next leg of growth," said Bob Groesbeck, Co-CEO of Planet 13. "We've built an attractive portfolio of operations in highly sought-after states. As we look to 2024, our goal is to prepare for the exciting potential of adult use in Florida and increase our scale, efficiency and operating leverage in core states to drive growth in operating cashflow and shareholder value."
Not a bad day today. Maybe the ol girl has some life in her.
Not a bad day today. Maybe the ol girl has some life in her.
I recommend subscribing to his Substack blog. Incredible value for $50/year. He publishes a portfolio of companies that he owns, dolly may or may not be included...
Only one more dollar to get to the bottom of the covid lows. That is back-up-the-truck-ville.
Dispatch: Turkiye's Oil Boom: Trillion's Opportunity Unveiled
Türkiye has achieved a significant milestone in oil production, exceeding 35,000 barrels per day (bpd) in the southeastern Gabar mountain region, the country's state-owned oil company Turkish Petroleum (TPAO) announced Friday.
Highlighting the success of the company's exploration efforts, TPAO said on X: 'We broke the first record of 2024 in oil production at Gabar with 35,061 bpd.'
According to TPAO, increased output originates from 28 operational wells, including newly drilled wells in the Gabar mountain region of Sirnak province.
'Our goal is to reach oil production of 100,000 bpd by the end of 2024. We surpassed the goals we have set, one by one, with the help of our nation, and we keep working relentlessly for Türkiye's energy independence,' TPAO said.
Türkiye's Energy and Natural Resources Minister, Alparslan Bayraktar, revealed in a news briefing on Thursday that the country's oil production in the Gabar region had reached around 33,000 bpd in 27 wells.
This success, stemming from 28 operational wells, underscores Türkiye's significant exploration efforts and commitment to energy independence, TPAO said.
Türkiye's Energy and Natural Resources Minister, Alparslan Bayraktar, revealed in a news briefing on Thursday that the country's oil production in the Gabar region had reached around 33,000 bpd in 27 wells.
Türkiye has intensified its oil and gas exploration activities since 2020, with the Gabar region playing a significant role in these efforts.
The discovery of new reserves in the southeastern area has been instrumental in Türkiye's pursuit of reducing dependency on imported energy resources and in achieving this year’s production level target.
By Sibel Morrow
Anadolu Agency
energy@aa.com.tr
This milestone not only highlights the region's capacity for substantial oil yields but also emphasizes the potential of Trillion Energy's adjacent exploration blocks. As Türkiye aims for 100,000 bpd by end-2024, Trillion's strategic positioning near such prolific reserves presents an exciting prospect for investors, signaling vast untapped resources and a promising future for energy production in the area.
VP/CFO sells 125,000+ shares over two days, and they're getting bought up on the third day. Can't tell if that's bearish or bullish!
Keeping an eye on this one. Volume has been very interesting lately. Hopefully some great news is on its way.
Good to hear from the company after seemingly crawling under a rock for 6 months+. However, more dilution coming. Better than bankruptcy, but damn we're at $0.06 right now, the market is not reflecting the resource that Dembicki is selling to potential buyers. I'm still just neutral on this waiting for my speculative lotto ticket to return or go to zero.
In this week's Trillion Dispatch:
*Crux's Long Awaited Update
*Stock Analysis on Trillion Energy
*Reviving Production & Potential
Unlocking Cash Flows in Türkiye's Hot Gas Market
After months of a long awaited update, Trillion is proud to present our latest interview with Crux Investor.
During this interview, Arthur, CEO of Trillion Energy delves into SASB gas field's operational challenges, and further elaborates on implementing artificial lift technologies to counteract production difficulties stemming from water loading. Arthur also addressed growing concerns about water loading causing lost reserves, in which he responded that the gas is not lost, but simply pushed back into the formation, highlighting the company's proactive measures to manage the situation and maintain resource integrity.
In addition to this, Arthur also dives into expected production from Trillion's existing natural gas wells in its SASB gas field, as well as plans to add 5-6 sidetrack wells to further boost production levels to 20 - 25 million cubic feet per day. Arthur further explored the company's broader vision, touching on the exploration of Trillions oil blocks, current/future project developments, and much more.
The Crux Investor also published an article which serves as a concise summary for shareholders. It covers everything discussed within the interview, which makes this format ideal for shareholders seeking a quick overview rather than full in-depth analysis.
Crux Interview:
TRILLION ENERGY ANNOUNCES DEBT SETTLEMENT
February 2, 2024 – Vancouver, B.C. – Trillion Energy International Inc. (“Trillion”, or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), an oil and natural gas producer in Turkey, announces that it has issued 3,180,000 common shares (each, a "Share") of the Company at a deemed price of $0.20 per Share in settlement of a bona fide debt of $636,000 owed by the Company to its Chief Executive Officer, Arthur Halleran for $546,000, and two directors of the Company for the balance, namely David Thompson and Sean Stofer (the "Debt Settlement"). The Shares are subject to a statutory hold period expiring four months and one day after closing of the Debt Settlement.
The Debt Settlement with 2476393 Alberta Ltd., a company wholly owned by Arthur Halleran, Chief Executive Officer and a director of the Company, David Thompson and Sean Stofer, directors of the Company (the "Insider Settlement"), is considered a “related-party transaction” within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the related party participation in the Debt Settlement based on that the fair market value of such insider participation does not exceed 25% of the Company's market capitalization.
Mr. Halleran, CEO stated:
“When the stock was at $.05 a share in 2020 I converted most of my salary into shares, seeing the bright future for the Company at that time. Today, I am converting all of my past compensation owed to me into shares, seeing the same value opportunity again. I’m all in on Trillion Energy for the long term.”
New interview with Art Halleran on Crux Investor YT channel...