Replies to post #929 on True North Energy Corp. (TNEN)

[kittie88]

At one time they did produce nat gas
Business Summary

True North Energy Corporation engages in the acquisition, exploration, development, and production of oil and gas properties in Alaska, Texas, and Colorado. It primarily owns interests in oil and gas leases covering approximately 35,000 acres in the Cook Inlet and Beaufort Sea areas of Alaska. The company, formerly known as Ameriprint International, Ltd., was incorporated in 2004 and is based in Houston, Texas.

[blue dog]

Fair enough. How about a number for PPS (e.g., $0.60)? I have what is, for me, a fairly large amount of money tied up in TNEN, and I came in around $0.10. While I would hate to lose ANY money, I also hate tying up my funds in something that will not move very far. By disposition, I would like to see this through, but I'd like to know more about where this is going, be it in a week, month, or year...

[DeeDog]

I agree, one day the pps will soar. I guess a buyout is possible just on the property alone, even if TNEN doesn't do anything but wait it out (like we're doing). I think this stock will pay off eventually, I just hope it's within my lifetime.