Trinity Exploration & Pr... Share Discussion Threads

[mark10101] 25/7/2017 19:29

I think there will be a few sellers when we hit that area, time will prove if that is a wise exit point or not. I do not regret not selling at 18p. Yes If I had known I could have sold at 18p and bout at 11p I would have for sure. However had oil not fallen but instead risen I think TRIN would currently be in the higher 20p range with further to rise on news.

With oil the highest it has been for 2 months hopefully we can quickly move past 17p.

[retsius] 25/7/2017 19:28

With oil up 3% the price should rise nicely tomorrow.
Certainly feel sentiment has changed here and we are starting to build some momentum.
Cutting losses as it rises, always makes one happier.

[space walking] 25/7/2017 19:05

Would be nice if I get to sell at 17p again :)

[mark10101] 25/7/2017 16:07

Buys coming in nicely, would be nice to get a tick up before close.

[bones] 25/7/2017 15:42

guyswonga74 - welcome.

Beware persistent strangers bearing 8p gifts - you have "to go back" (anagram) over the last few weeks of this thread to see my meaning.

[guyswonga74] 25/7/2017 15:15

took a position at just under 13p today hopefully i have timed this just right as this looks crazy cheap at the moment

[mark10101] 25/7/2017 14:49

There is going to be sellers all the way up. I was not remotely interested when we hit 18p last time and will hold way beyond that this time. So many potential upsides and with oil looking a bit firmer that was the only major downside risk which hopefully is behind us now. Oil motoring today lets hope TRIN can notch up a bit further today.

[shrewdmole] 25/7/2017 14:42

Aim

I prefer it to saunter tbh otherwise we get the traders in.

Update will state we have a few more wells online at 20-30 bopd , generating cash daily and paying historic debt payments plus further production increases from swabbing, rcp's etc.

The market needs to understand where and what Trin is now and that could take time but the value will come.

S

[squiresquire] 25/7/2017 14:40

It would be nice to see 17.5 offer before nwes.

[aimmafia] 25/7/2017 14:26

When this rns lands. This is going to motor!

[pineapple1] 25/7/2017 12:26

Oil supportive . Hopefully a move into the $50's should help sentiment towards the sector....
The big money has yet to rotate into this area

[trotterstrading] 25/7/2017 12:17

Let your winners run, cut loose your losers.. just the start of a good run for TRIN

[squiresquire] 25/7/2017 12:06

From a selfish point of view i would be very happy to see a few more days like this before any update, i really want to see it get past the 25p mark into the 30s where we bloomin well should be if you look at the production.

Not long now i feel and this will start to move up to the breakout point at 16p then to 18.5p and after that we are in cloud happy land.

[mark10101] 25/7/2017 11:58

Someone (take with a pinch of salt) on LSE suggested within 24 hrs, may explain why they are moving it up so quickly today. Going from strength to strength ATM with bid rising.

[markth126] 25/7/2017 11:47

When is an rns likely? Do we know

[aimmafia] 25/7/2017 11:45

This will fly on rns!

[mark10101] 25/7/2017 11:16

Suspect there is limited time until the update hits so they have to let it run now.

[trotterstrading] 25/7/2017 11:12

Let your winners run, cut loose your losers.. just the start of a good run for TRIN

[markth126] 25/7/2017 11:00

Pleasant increase of late, justified in my opinion given the cash we are generating each day. Happy to hold all the way to 30p with my 200k holding

[marvelman] 25/7/2017 10:51

I do expect some selling to release the frustrated that have been pent up for months but I will certainly not be among them..frustrated as I have been also

[marvelman] 25/7/2017 10:49

Looks like the brakes have been taken off at last

[marvelman] 25/7/2017 10:43

Yes, spot on Shrewdy..you know your trade