And don't forget the infamous Cohen Report from 12 years ago
when TIV was at $7 --
"We believe Tri-Valley’s strategy to re-exploit and further develop with, modern methods, its lightly drilled
properties provides investors with a special opportunity. Also, its inventory of large target wildcat exploration
prospects enables the Company to pursue “Company Maker” projects as well and evaluate numerous attractive
options. The Company’s asset base places it in the enviable position of having high impact prospects adjoining
prolific oil fields. Tri-Valley’s strategy to leverage modern technology to rework prospects which are not close
to known production, and located in setting having no conventional prospects enables the Company to evaluate
several attractive options. We believe management has the ability to oversee these assets and increase longterm revenues. Going forward, revenues and profits are expected to be enhanced on a site-by-site basis. The
reward is the conversion of a market risk asset to a credit risk asset, and the commensurate increase in value of
the assets involved. We believe Tri-Valley’s production plans are exciting in an opportunity-oriented industry.
At a price of $7.15 per share, with a $30.03 long term valuation target, we recommend purchase of Tri-Valley’s
common stock for long term, moderate risk adverse investors."
AI
