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geoscience2

07/18/08 10:28 AM

#4230 RE: jonesieatl #4228

Talking about "rabbit-less". After all those millions of shares bought in recent weeks by Russel Index funds, shorts covering, new shareholders "hearing about" TIV's oil production potential, a few old longs adding a few K shares, etc, the stock price is back down to where its been all year...in the $6's. Once again, (i.e. "one of these times"), TIV failed to report any increases in production, or something just as good like unload more dead weight enterprises/employees, and "catapult" the pps into the double figures range during all that buying enthusiasm.

I guess, from what we keep hearing on the other board, nothing will be reported until the shareholder's meeting in October, or even later in November, and by then the stock will likely be in the low $6's based on the DOG still not reporting any increases in production from all the non-confidential wells (all wells except 8 PV tar wells and 1 Moffat exploratory gas well), perhaps oil prices crashing and consequential lackluster interest in oil stocks/TIV. Heck, with 2 years of confidentiality status, I'm not convinced TIV, or better yet the DOG, will release ANY production data for quite awhile. Why should they? LOL

Geo