Trinity Exploration & Pr... Share Discussion Threads

[ny boy] 09/10/2017 15:38

Already breakout, crank up the volume Sir!

Roaring 20's approaching

[spellbrook] 09/10/2017 15:27

approaching 3000 bopd

[lw425] 09/10/2017 15:24

Yes mid 20's this week certainly and 60p+ by Christmas is highly likely.





Negotiations between the energy companies and the Government are well advanced

Bruce A. I. Dingwall CBE, Executive Chairman of Trinity, commented:


"This could prove to be an extremely important change for the Company in terms of bottom line economics and Company valuation. The Government is aligned with Trinity in seeking to increase oil production.


In my view that RNS had government blessing attached. The market is still asleep at the wheel here. Could bag in no time at all.

[mark10101] 09/10/2017 15:23

Damn, just going to post some rockets, been a bit of a dance today but looked like this would happen eventually.

[bones] 09/10/2017 15:21

As the rampers are apt to say: "She's aboot to Bloo, Cap'n!"

[shrewdmole] 09/10/2017 15:06

Once 19p goes and it will then watch the technical traders pile in.

[croasdalelfc] 09/10/2017 14:07

Malcy has TrInity on his subs bench for his Bucket list

[spellbrook] 09/10/2017 11:18

Charts poised

[mark10101] 09/10/2017 11:14

Loks like it is going to have an attempt today.

[shrewdmole] 09/10/2017 10:53

LW I actually agree with you. 19p is the iceberg and once broken we will fly into to mid 20's imho.

S

[mark10101] 09/10/2017 10:07

Having read a bit more about CERPs new financing to get Schroder’s on boards does indicate that TRIN is getting the interest of credible investors. It look like there is a level of confidence that T&T will be a good place to do business. Given TRINS quality of assets looks very promising here.

[lw425] 09/10/2017 09:51

When 19p breaks it will activate a surge of pre programmed AT buys as that is major breakout.

[mark10101] 09/10/2017 09:48

Was trying to post a chart showing the last months rise not a single gap in the chart on the way up which for those that worry about these things don’t need to worry about returning to fill any.

[mark10101] 09/10/2017 09:35

Given JOG is at £2 already I would say more chance of an upside here TIMW3 if you can cash in today’s gains in JOG get them over here. Stealth re rate on the go.

[timw3] 09/10/2017 09:26

o/t JOG simply priced wrong. Look at the market cap and todays news. Should be well over £4 now.

[mark10101] 09/10/2017 09:26

Certainly looks that way, solid start to the week.

[lw425] 09/10/2017 09:22

Indeed. Just think that TRIN has reserves to last 20 years and that's before the high impact drilling kicks in.

Expect mid 20's this week.

[mark10101] 09/10/2017 08:57

Looking perky for a Monday morning.

[mark10101] 09/10/2017 08:13

Interesting, the oil market does seem to behave as described. I hope for a solid week for oil and TRIN.

Interesting to see CERP are following their old path of investor dilution, yet another chuncky placing....

[lw425] 08/10/2017 22:24

Yes Mark, global demand for crude is at record highs, a fact which does not get any media attention.

[mark10101] 08/10/2017 22:19

Law I expect you will be out of TRIN when we hit 24p but totally agree with the above.

What do you think on WTI, I think we may challenge new recent highs in the next 2 weeks. Global drawdowns continue at a pace and yet the market seems to care that the US have an extra rig drilling this week...

[lw425] 08/10/2017 21:45

Looking forward to mid 20's this week and 35p+ by Christmas.

Don't forget based on CERP's reserves and production, TRIN should be parked at 70p right now so 35p is cheap.

18p is criminally cheap.