Trinity Exploration & Pr... Share Discussion Threads

[keya5000] 05/2/2016 14:38

Its that Friday feeling.

[alexp6] 05/2/2016 14:34

Didn't this happen last friday?

[comedy] 05/2/2016 14:33

awise i think they are buys...i cant even buy £500...can sell 175k in shares in one trade at a premium. think maybe big orders being filled???

[awise355] 05/2/2016 14:03

Some selling from legal still?

[falia] 05/2/2016 13:59

DEAL COMING 10P+

[comedy] 05/2/2016 13:41

keya i have i think 17 oiler/gas stocks that are bombed out...the ones that have given some back are eme/moil/cop(today taken off)/srsp and matd has fallen back so taken another 50k in it...

some have cash no assets and are being rated below cash...some have like here sold asets waiting cash to come in and some like tpl ahve done placing at higher share price waiting funds to come in...some like irg are a bet on survival(taken shy of 3% of co.)...list is endless and today i think i have 4 in the top risers...

my overall bet is oil is going to recover from this year over a 3 to 5 year time frame...and we will get another boom cycle...will then cash in the survivors...some of these have fallen to a tenth of their values in a year or so...so a 10 bagger isnt even them gaining any froth on their sp's...

here thought lg selling and we may go below 2p test to get rid of last 7mill odd...but the unusual strength in share price means either overhang gone?they have sold to someonelse or not selling anymore???

but the fact we hit suspension and backwardation on a £1400 buy says we may be seeing a rerating??:)

[alexp6] 05/2/2016 13:04

If L&G aren't selling then there isn't much stock about

[comedy] 05/2/2016 12:52

ps this isnt the usual process of an overhang play..so question is has all the selling been done????

[comedy] 05/2/2016 12:51

yep...i got 2 buys in...then couldnt buy any shares...then put in fok for £1400...and they knocked it in to suspension...come back from buying lunch and luckily got the stock but we are in backwardation???

[mdw1] 05/2/2016 12:46

Something happening?....

[alexp6] 05/2/2016 08:43

That was a healthy sized buy trade

[flyingbull] 01/2/2016 15:47

The February oil stock challenge is still on....deadline for entries is midnight on Tuesday.

[comedy] 01/2/2016 15:47

well i was right about lg...knocked out 1.25mill on the volume on friday...7.8mill to sell...seem to be getting out 250k to 500k a day though on volume days more shifted...so on as volume drifts will we get another chance to buy lower???

[lazarus2010] 01/2/2016 15:42

I received the following from James Shipka at TXP. It was on 18th Jan and replied to my enquiry as to whether the Trin deal was still proceding. Of course he can't confirm yes or no...
-------------------------------------------------------------------------------
Thank you for your inquiry. We expect to have some news regarding the Trinity transaction in the very near future. As you can appreciate the current commodity price environment creates both challenges and opportunities and management continues to evaluate both to ensure that company and shareholder interests are represented.

Regards



James Shipka

Chief Operating Officer



Direct: 403.750.4455 | Main: 403.750.4400 | Cell: 403.560.5555 | Fax: [phone]

[nick rubens] 01/2/2016 15:26

cheers Jungmana "Nick - imo there are no delays with the deal."

Good luck for those risking it here.

I'll await the next RNS and try to buy some on any deal sealed news, or stand back if it's Armageddon.

[comedy] 01/2/2016 08:37

at least 8mill overhang to go???

[alexp6] 01/2/2016 08:28

This is going to go back down to 1.7p-2p if wti slides imo

[sophisticatedtrader] 01/2/2016 07:24

Extention upto 5.2.16... Hopefully we complete soon.

[awise355] 30/1/2016 17:05

So blue sky thinking here if they become debt free and producers of 1,300 boepd surely a ten bagger is just the start?Are we financially liable for not concluding the gas sale to Centrica? Am I missing say other liabilities or financial implications thst could yet sink us?

[awise355] 30/1/2016 17:03

Yep and the recent increase in price of oil will certainly help sentiment

[jungmana] 30/1/2016 16:16

Awise - The CEO of touchstone said the same in an article posted by someone here a few weeks back.The deal will go ahead imo. Any delays will be on side of government authorities. They are always slow.