Replies to post #1540 on Tri-Valley Corp (fka TVLYQ)

[jimbonano]

Well said, Geo -

[jonesieatl]

'out the window'

LOL, I like that. Yeah, the charts go out the window when buyouts or huge news events occur and prices spike 100%-200% in moments or hours.

Until then, and on a stock like TIV, the charts keep one from buying at $17, or $12, or even $9 if that doesn't make sense, and they have suggested that buying around $6 or in the $6's is always a sure winner. That kind of control keeps investors from jumping 'out the window' LOL

Hey, speaking of 'wild successes', remember this from a January PR?:

"Additionally, Tri-Valley expects to have 34 of the 49 wells on its Temblor Valley West property producing by mid February up from only 10 producing late last year. The rest will be utilized to begin a water flood of the Etchegoin zone to increase production."

And then this from a February PR?:

"Thirty-four wells are now operating on the Temblor West lease and management has decided to activate another 10 idle wells as producers, leaving five wells to be injectors for the Etchegoin formation water flood program to commence in March. Another eight idle wells will be activated by the end of March on the Temblor Valley East property in the Edison Oil Field, 15 miles east of Bakersfield."

Okay, so we got the follow-up PR saying 10 or 12 more wells had been put back online in February, so that will add to production. And a water-flood program is 'commencing' in March, hey, that's this month.

leftybobcat and I provided some info a while back on the average per-well production of Temblor wells that had been put back online, to give an idea of what to expect from these newer ones. Should we expect 'wild successes' from this water-flood' program? Will that increase production substantially and quickly?

jonesie