Trinity Exploration & Pr... Share Discussion Threads

[spellbrook] 07/10/2017 19:01

Squire

Haha

Still waiting for the October investors roadshow, November update and news of approaching 3000 bopd

Gla

[squiresquire] 07/10/2017 16:31

I think Richard Watkins has already proved hes an idiot so no interest in his philosophies.

[wwick] 06/10/2017 17:19

#TRIN WEEKLY - JUST GETTING STARTED . . . . . . . . . . . . . . . . . . . . . . .

[wingspan] 06/10/2017 16:12

;-) Sorry W...hope you are having a good day...I need some help with my twitter account :-)

[mark10101] 06/10/2017 16:00

Your figures are similar to mine if oil can remain fairly close to $50. A push on for oil towards $70 would certainly help those target numbers come to reality. It seems the market still does not believe WTI can trade above $55 due to the US increasing production, I still don’t buy that myself, time will tell.

[wwick] 06/10/2017 15:59

WINGS - you risk reducing this board to the LSE standard. Leave it out please.

[lw425] 06/10/2017 15:52

Yes I think deep down he knows like the rest of us that TRIN should be trading right now at 35p with 12/18 month upside to 70p - 100p.

He just needs to look at the fundamentals. I certainly can't find anything that can touch TRIN for value on the London Stock Exchange.

[mark10101] 06/10/2017 15:51

It does seem bonkers for him to be buying back the shares he sold at 13p at 17p even though I do agree with LAW it does show hoe they still represent excellent value.

Seem to be ticking up nicely into the close.

[wingspan] 06/10/2017 15:44

425...

you are referring to CRL (the man who single-handed made this Board what it is by posting non stop on the LSE board how he feels about TRIN and his MM conspiracy theories from grinding minute to grinding minute...while consistently being inconsistent.)

This happened 4 months ago...here is the pattern:

I own too many...Tracy is a legend...
Market makers are driving this down with A trades and O trades.
I cannot handle the pressure
This company is amazing / this company is being manipulated again
Its going down - i feel negative / its going up i feel great
I have got to sell when it perks back up...i own too many
You may be the voice of reason but you are not living my life
I have sold (normally a strong bullish indicator (this time at 13 p))
Good luck all
I have re-purchased
I own too many...Tracy is a legend

Repeat.

Aim has a view on CRL...but the above is more accurate...

[lw425] 06/10/2017 15:27

I see the poster on the LSE forum who sold a percentage of his stake to help secure his financial security has bought some back today.

That an excellent indicator of how cheap TRIN is. Now is not the time to sell, we are only at the start of the long bull run in TRIN.

Top slice mid 30's certainly if you must but not now.

[wingspan] 06/10/2017 14:35

Mark - completely agree!

[wingspan] 06/10/2017 14:31

Fidra,

One problem with your theory:

The shares stayed down for 4+ months...during which approx 30% a month of the total number of shares were traded per month. ALL this for an individual to acquire a 3% stake?

See what I mean?

[lw425] 06/10/2017 14:22

Lots of news to look forward to in next couple of months.

3000 bopd is worth 70p a share when compared with CERP's (lgo) market cap, production and reserves.

[mark10101] 06/10/2017 14:06

It was the my favoured view of what we have just been through, which is why you need to ignore 10p. Maybe off the back of the oil fall in spring and early summer a hover around 15p may have been justified. So really we are not much above that and the best part of the rise is to come imho.

Still strengthening which is good to see.

[spellbrook] 06/10/2017 13:32

fidra

Certainly a theory i hadnt considered!!!

[fidra] 06/10/2017 13:11

It is my view that we were slammed to 10p by consistent buying.First of all they sold strongly to turn it round at around 15p,then continually sold down and managed to cover the position keeping the price down while they then loaded up.Once finished loading they issued the RNS of the holding.

I surely cant have been the only one observing this on L2.As the large quantity that appeared at prices of 15/17/19p at the bottom of the sell side during this time.

I expected it to be a large shareholder selling so was surprised by no RNS being issued.When the holdings RNS came out it was easier to see what had happened.

Frankly i think it a fantastic piece of manipulation.

If this turns round today and I suspect it might we may be on for a bigger move.

just my opinion.

[mark10101] 06/10/2017 13:05

Squire, you have to forget where we have come from as 10p was not the market judging that to be the true value of TRIN at that time, it was due to some other goings on much debated her over the summer. So 18p is not the result of a moon shot I see no need for it to recover at this level, however I fully expect churn between 20 and 30p in the coming weeks.

[spellbrook] 06/10/2017 12:53

agree its been a euphoric rise, but we were slammed to 10p by a consistent seller even whilst good news was reported

the message is now getting out about the turnaround and cash in bank and assetts

everyone can sell, top slice etc, but this has got more legs on it imo



Regards

[squiresquire] 06/10/2017 12:50

A nearly 100% rise in a couple of weeks is very very rare at this kind of share price, it will surely need a bit of digesting, charts think so as does the share price.

[spellbrook] 06/10/2017 12:32

we may get another RNS holding if theres any truth in the 1 million purchase

[wwick] 06/10/2017 12:20

#TRIN Buy The Dips . . . . . .

[mark10101] 06/10/2017 12:10

Yes MM really fiddling around. someone on LSE claim a 1m trade is trying to be filled.....

[che7win] 06/10/2017 11:59

All the buys at 16.99p from earlier starting to show e.g. the 100,000k trade.

[mark10101] 06/10/2017 11:44

Law is a trader, if he has to scare a few weak holders to accumulate he will. He has survived the test of time so gets my respect after the reaming I took in 2015, which I am slowly rebuilding.