Replies to post #4345 on Tri-Valley Corp (fka TVLYQ)

[geoscience2]

Hey, they're still "paying forward", I mean "receiving payment of oil & gas sales later", I mean "paying bills later", I mean...

It sure would be nice for them to publish 1 regulatory report (DOG filing? SEC filing?, etc), one of these months/quarters, that unequivocally supports whats been PR'd many times over and over the last year or two about 1,000's of BOED's, profits, etc.. It just seems like we keep expecting it "next month", or "next quarter" after reading about it but it never gets published on irrefutable third party regulatory agency reports. Crazy.

In any case, I'm still holding/not selling my many shares hoping they do come thru one of these months/quarters. Looks like most of us longs are too.

Geo

[jonesieatl]

"Interesting balance sheet"

Balance sheet could improve soon?

I mean, what do I know, but what do you think about my secondary math which yielded the possibility of "Divide THAT into $6.25MM and you get over 69,000 bbls of gross production in 2Q".

OPUS' cut would not show up in the Q , right?

So , the oil/gas revs TIV showed , the ones they specifically said WERE from oil/gas only , would only be about 20% of the total revs , and the total revs could imply 69,000 BOE.

That's a lot of barrels, compared to where they've been in the past , an 'average' quarter has had 12,000 BOE reported to DOGGR if my memory is correct.

Still , amazing that they could grow production that much and still lose so much money. I think in the last Q's analysis I said something like "The harder we works the behinder we gets?"

If that sort of thing keeps up, going from 12K bbls/Q to 69K bbls/Q and lose more money ... it makes it hard to figure out what a real 'break-even' production number might be.

Oh well , it'll take somebody smarter than me to dissect and digest the Q and figure out exactly what it's saying.

jonesie


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