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Re: kmikesara post# 237

Friday, 06/15/2007 12:26:48 PM

Friday, June 15, 2007 12:26:48 PM

Post# of 17741
TRGL: Every investor of TRGL should remember this: The new well at Thrace will be the company maker.
From the current TRGL production, it should worth about 20-25 at least, when TRGL announces the news by the end the July, usually a few days after Turkey announces it, it will likely to go higher. However, you want to hold tight to your shares. I believe insiders will likely to add TRGL's position before and during the drilling of Thrace. TRGL shares will likely to rise in anticipation of the results. Here are the scenarios:
1. If they find good oil, the media will hail it as one of the greatest discoveries in the Black sea. With the huge acreages in the Black sea, TRGL will be the hottest stock on earth. Trust me, you may wake up one morning and find TRGL trading at 3 digits.
2. If they find good gas, the stock will likely to go back to old highs, since they find good gas in two separate areas.
3. If it is a dry hole or low oil and gas, the stock will like to drop to teens, but supported by the strong cashflow.
You see the risk reward is quite favorable.
When we are getting close to the date, I will try to put my time and energy to search the news everyday. Just like the gas flow, it may be reported by the Turkey first. This is my original table pounding or TRGL, you see TRGL PR came two days after it was first reported in Turkey.
http://investorshub.com/boards/read_msg.asp?Message_id=19838424

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