I fully understand your position markrhead, but understand that I am not interested in 'what people think about me'. I am not here to make friends. I am here to make money.
Remember, I spent MUCH time creating the TRSI board. I have spent MUCH time in conversation with management. I have also spent even MORE time in studying what makes a fundamentally strong, sound investment.
I have identified weaknesses in TRSI that can NEVER be overcome, no matter how one wishes to overlook them, or band-aid them.
If I seriously thought TRSI had potential, I would never have drawn ALL my money out of them. I might perhaps have sold, and came back at a lower pps, but knowing what I know and see now, I wouldn't touch it with my enemy's money (ok, maybe I would LOL).
My apologies if my current stance may affect your TRSI investment. My goal is not to see you lose money, but rather, quite the opposite. TRSI appears to be gaining a momentum, and I see it wholly unjustified. TRSI may even spike to ungodly levels, but just as a rose by any other name, is still a rose, so is a scam and/or POS.
In regards to financing, TRSI has SO few true assets, death spiral financing is the only thing I can see in their future.
BTW, 57% interest in 690 bbls is hardly $20K @ $50 p/bbl. Does that justify a market cap of $3.7M+? Where's their December production numbers? Not worth putting out? Or worse yet, the COO won't even take shares for salary. Doesn't THAT say something?
GLTY