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02/27/11 7:00 PM

#358 RE: Sklauble #357

I'm holding til April 15th or until the 10-k comes out. That is the worst case scenario though. If anything good, will sit longer.

I see no forms being filed with regards to ownership(selling). The previous agent had restricted shares since Jan of 09'(75%). That's one year for non-reporting. I have been looking for any loop holes in the sec rules, need to be an attorney of such to get full scope.(507 mill out)

Refer to the time line, placement in Dec of 09', reinstatement Nov of this year, and two splits(april 09'/ nov 10'). I've confirmed the leases, and drilling that was stated by the company. Their previous history is commendable to say the least.

The last permit(most recent) was filed mid January of this year:

http://webapps.rrc.state.tx.us/DP/changeQueryPageAction.do?pager.offset=20

further ref..

ref:http://ccfcorp.dos.state.fl.us/scripts/cordet.exe?action=DETFIL&inq_doc_number=P09000005979&inq_came_from=NAMFWD&cor_web_names_seq_number=0001&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=TOPAZRESOURCES&names_filing_type=

ref:http://www.otcmarkets.com/stock/TOPZ/financials

Sell off seems retail since last split(nov 15/16):



The private placement concluded 1 1/2 months before the new ceo came into play. You can call the company, etc..., but the 10-k confirms. Should be about time to see a pr, given the past two months. we will see.