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Re: Mikeed post# 2184

Friday, 07/08/2005 12:27:09 PM

Friday, July 08, 2005 12:27:09 PM

Post# of 33129
BR: Agreed. Titan is a very promising company. One day's trading isn't going to change that and anyone who was well researched and truly a long shouldn't have been surprised by yesterday's news. The oil revenues alone off of just Koshiusko give us a valuation in the mid 2s.

Then there's gas revenues which are supposed to be even bigger than oil revenues. Then there's also the two other wells currently in production. Finally there's the 17 other wells Titan has leases on which they will begin work on using money from the current wells (not debt).

This company has a lot going for it. It is not a company that will spike to .5 tomorrow and obviously we had quite a few traders in the company who were betting on that. I'm not a trader in TNOG though, I'm an investor and I plan on being here for a while.