Trinity Exploration & Pr... Share Discussion Threads

[astorcourt] 28/2/2017 10:46

Nonsense, Aimmafia. 50p in 2 months.

[aimmafia] 28/2/2017 10:34

ZENGAS I think you are absolutely spot on..... we have many years of production here and this company maybe in a year or so could reach 50p plus.

[zengas] 28/2/2017 10:18

Still undervalued by a long way.

Producing circa 2600 bopd @ over $50/b oil ($50m/year) yet at 14p the 2P valuation is a ridiculous $2.35 per barrel. Therefore a 25p fair value target puts the 2P on a very conservative $4.40 per barrel.

Amerisur and Andes on similar breakeven/costs are valued at circa $15/b per P2 at the same oil price.

Add in the 2C discoveries with the 2P and every barrel is valued at just $1.18 here at 14p.

[3dwd] 28/2/2017 10:17

Probably TW !!!! ..being squeezed...

[aimmafia] 28/2/2017 10:07

14p getting smashed

[aimmafia] 28/2/2017 08:36

MMS selling all yesterday's stock back at a hefty profit today.... Weak sellers got absolutely mugged.

[aimmafia] 28/2/2017 07:52

Fully expecting a strong blue day today.... It simply cannot remain this under valued for much longer

[mark10101] 27/2/2017 21:46

Yes, this does not have the feel of a frenzied top with broad participation. whether we plod around this level or we stay in the trading Chanel and continue to gradually rise until significant news. I suspect the later as we have a reasonable amount of news to come over the next 6 weeks.

[bones] 27/2/2017 21:15

Agreed Mark. Volume was low today. I think the initial enthusiasm of the rise from the ashes may have settled for a bit. A good number of frustrated and trapped holders from before suspension have provided liquidity for a lot of new blood.I imagine TRIN is still regarded with suspicion by the speculative clans and maybe unnoticed or forgotten by many who dropped the ticker from their watch lists sometime last summer following a terminal looking suspension.I feel TRIN has yet to become a trendy stock for the popular herd to chase up.

[mark10101] 27/2/2017 20:58

Thanks Bones, yes totally agree about price gyration, closing price was not representative of the day so should reverse tomorrow.

[bones] 27/2/2017 20:32

Those trades are delayed trades from last Thursday at 14p. The quotes at 12.45 that day were 14-14.5 so have to assume they were unloaded into the strong demand of that day.In my opinion, there is nothing untoward about these price gyrations which are pretty mild given we have gone from 7p to 14p in a couple of months. Without pullbacks there is no substance to a move up and no higher support created at each new wave.

[mark10101] 27/2/2017 18:15

1.35m bought at 14p and just reported late, they really went fishing today. Tested the bottom of the Chanel and could well be on the top risers tomorrow.

[aimmafia] 27/2/2017 17:44

Very Similar to the drop a few weeks ago then boom. A strong charge upwards.

[aimmafia] 27/2/2017 17:43

''Twas indeed a nasty drop. Will probably be up where it needs to be within a month. There is no need to look Day by day. It will drive you insane and be very frustrating. 60 more days and we will be almost double from here.

[onedayrodders] 27/2/2017 17:00

delayed 655,500 sale ?

[aimmafia] 27/2/2017 14:44

We have bounced off 13p 3 times - unlikely to drop again 'unless' there are another 500k of sells. Looks to me like the sellers are now cleared - my 25p price target still remains

[the big fella] 27/2/2017 14:20

The chart someone posted the other day suggested this may need to re-test 12.5p to them move forward. If I can buy sub 13p then I would be tempted to add to my already overweight position.

[aimmafia] 27/2/2017 13:41

Malcys blog, operations update etc. Loads of news and updates to come in next 60 days.I sold 35k today and bought £5k in URU - but other than that I'm still holding 500kMy biggest holding and this will be my biggest PF winner by a country mile in the next 60 days

[onedayrodders] 27/2/2017 13:18

what PR are you referring to AimMafia ?

[mark10101] 27/2/2017 13:15

Thought you would be still with us AIMafia. Yes to get this far with no further news since relisitng is very reassuring.

[aimmafia] 27/2/2017 12:56

All the PR is starting. Can't wait for this to fly

[mark10101] 27/2/2017 12:29

I do think it is more likely a bit of fishing before we get the first possible update from Malcy this week.

[odvod] 27/2/2017 12:22

mark - I sent you advfn message

[mark10101] 27/2/2017 12:20

I think AIMMafia is here for the longer term but it is typical for rampers to keep putting a target like 25p out on the boards but will be gone at 15-19p. I always thought 17-18p will be the battle ground where some decide to go rather than wait for the hoped 20's.


As I stated on here within hours of reading the restructuring, 20p is a good short term target with 40p possible with the right news as the year progresses.