Trinity Exploration & Pr... Share Discussion Threads

[rafboy] 14/3/2017 13:18

It has to drop a fair bit to really affect us going forward IMHO.

[bones] 14/3/2017 13:08

The MMs will doubtless play on those nerves....

[onedayrodders] 14/3/2017 13:04

I would imagine even with TRIN's breakeven margins that the drop in Oil prices has re-opened some nerves from the previous collapse.

[mark10101] 14/3/2017 10:34

Seems the buyers are coming back now with the price starting to turn.

[che7win] 14/3/2017 09:39

Bought yesterday and today (14.64p) too.

[rafboy] 14/3/2017 09:24

Just bought a few more. Think this is the bottom so it should be north from here in my personal opinion.

[the big fella] 14/3/2017 09:09

Just to add a little context here. Following its recent rise LGO now has a market cap of 16+m and produces 450 BPD. Compare that to our 40mil market cap producing 2600 BPD.

[aimmafia] 14/3/2017 08:53

Think you may see 16 on the ask today

[okuta] 14/3/2017 08:43

The bid is at 14.25 and the offer at 14.65 ish !

[mark10101] 14/3/2017 08:26

Looks like it and great trade by you!

[aimmafia] 14/3/2017 08:24

This is the bottom for me

[mark10101] 14/3/2017 07:38

The guys trading this range should be back. Some people said they would buys at 15p and they were able to yesterday.

[woodpeckers] 14/3/2017 07:26

Agree mark, definitely looks like the bottom of the uptrend, good time to buy.

[kaos3] 14/3/2017 07:23

great graph. I like RSI coming down for a new start. upper band points to 24p to be touched'

[mark10101] 14/3/2017 07:16

Great chart, shows the importance of our close at 15p yesterday. MM playing this like a fiddle.

[john henry] 13/3/2017 21:10

Im guessing Range Resources may soon be offering Trinty a few new Rigs ? see todays RNS.

[jemjem] 13/3/2017 18:26

Thanks 3dwd.
It is noticeable from the late reported trades today, that the loose holders sells appear to be being quietly hoovered up and going to a safer , stronger, long term place.
Imo

[3dwd] 13/3/2017 18:13

I can only yes ...all was good .. and reaffirmed by the Cantor note ..I think the lose holders will be flushed out ..then patience is required..

[jemjem] 13/3/2017 17:55

3dwd.
Thanks for your comments. If you met the company a few weeks ago and "it's all ok" did they confirm that they were proceeding in accordance with their re-admission document and they have hedged a sensible amount of their production (which is in excess of 2600 bod) - at the recent higher levels?

Tia

[3dwd] 13/3/2017 17:02

I am personally relaxed .. it's not a trading stock .. unless u own enough to trade.. I worked with Sam ..he is a good analyst..I also met the company a few weeks ago .. it's all ok and that will be reflected in the stock price...in due course...

[mark10101] 13/3/2017 16:50

Very snaky day, to finish at 15p on trend line is fantastic, could be a very blue day tomorrow.

[astorcourt] 13/3/2017 16:46

closed 15p

[the big fella] 13/3/2017 16:44

Still in auction.

[kaos3] 13/3/2017 15:00

like silver or other natural waves - up - 50 % correction - up again

6 - 18 = 12p move/2 = 6 p correction extrem chance

not that it Will happen at this stock - just my max poss correction limit