Trinity Exploration & Pr... Share Discussion Threads

[astorcourt] 04/9/2018 16:41

nice finish 18.9p up 8%

[mark10101] 04/9/2018 16:25

Who would sell into the news we have coming and with the chart looking as it does?

[spellbrook] 04/9/2018 15:41

looks like they needed a few more sellers

[spellbrook] 04/9/2018 15:31

POP..........

GALEOTA

[mark10101] 04/9/2018 14:59

Strength still building. We should never have been sub 20p anyway, that is the base we really want to build on.

[diseasex] 04/9/2018 13:23

I mean i'm out from this forum, not shareholding

[diseasex] 04/9/2018 13:14

OK guys - money likes silence. Let it grow peacefully. I'm out until results.

[spellbrook] 04/9/2018 11:57

oil $71.20

[mark10101] 04/9/2018 11:28

Yes looks like the 18p area is causing a bit of resistance atm, looking good for a move higher soon though. When it goes 20p should be good. Because we were there only a few months ago resistances won’t be like last time we broke through them.

[spellbrook] 04/9/2018 11:15

need to breakthrough this 18-18.50p range for the next leg up

[diseasex] 04/9/2018 11:07

I always wondered how that happens that disasters always appear when something is about to breakout (70$ oil in this scenario)

[mark10101] 04/9/2018 10:23

Yes WTI moving very nicely and TRIN chart looking fantastic, let’s hope it is a nice and steady rise from here. I genuinely believe the management looked at the cash on offer and the recent high of 27p and saw far greater opportunities and success ahead. Just a little bit of patience is needed on our part.

[spellbrook] 04/9/2018 10:08

Oil just touched $71

[spellbrook] 04/9/2018 09:20

Oil could surge 30% into the mid-$90s within months, creating $4 per gallon gas: Energy expert John Kilduff


U.S. crude oil hasn't traded at $95 a barrel since 2014, but this is the year that could change.

Energy expert John Kilduff counts Iran sanctions as the top reason West Texas Intermediate (WTI) could climb as much as 30 percent by winter, and that could spell $4 a gallon unleaded gasoline at the pumps.

"The global market is tight and it's getting tighter, and the big strangle around the market right now is what's in the process of happening with Iran and the Iran sanctions," the Again Capital founding partner said on CNBC's "Futures Now."

He added: "These Iranian barrels that we're going to lose, it's really going to hurt. It's really going to make a difference and tip the scale in my view to an upside surprise."

His thoughts came as WTI crude oil exceeded $70 a barrel on Thursday, and rallied to one month highs. According to Kilduff, there's a high likelihood the commodity will break $75 within weeks.

But that will feel cheap compared to what comes next. Iran's oil exports are plummeting, as refiners scramble to find alternatives ahead of a re imposition of U.S. sanctions in early November. That in turn has helped drain a glut of unsold oil.

"To the extent we're seeing the Iran barrels lost to the market, you're looking at a WTI price and Brent in the $85 to $95 range, potentially," Kilduff said.

Pair Iran with a booming U.S. economy and soaring driver demand for gasoline, and Kilduff contended that Wall Street is coming up with a bullish scenario for crude that it hasn't had in years.

"There has been incredible U.S. refinery demand, and there has been huge U.S. driver demand for gasoline. The fundamental picture is the strongest I've seen in quite some time," Kilduff said. "Everybody has got a job, everybody is driving to that job, and they're going to continue to drive to that job no matter what gasoline costs."

[spellbrook] 04/9/2018 08:24

$20,000,000 in the bank

No Debt

Interims end of sept

On shore drilling started

Oil $high

GALEOTA

[mark10101] 04/9/2018 08:23

Great start to the day.

[spellbrook] 04/9/2018 07:26

Oil back above $70

[mark10101] 03/9/2018 20:07

A reminder of the DM tip impact. It was not all in one day although there was a volume spike like today, hopefully we can make similar progress this time.


free stock charts from uk.advfn.com

[marvelman] 03/9/2018 19:55

I don't think there is much to disagree with your post Mark..looking forward to the numbers soon to confirm a step change in the company's progress

[mark10101] 03/9/2018 19:05

Marvelman, I trust the BOD and hopeful those scars will disappear when the fundraise is put into perspective with the rapidly changing landscape in T&T.

This next 6 months I believe is what many of us have been waiting for since coming out of suspension. The T&T government have been slow in rolling out change and I believe this has impacted the pace of change at TRIN. In some ways that may have been the best things as it has allowed us to get into great shape in preparation.

[marvelman] 03/9/2018 18:58

Agree Spellbrook, there is a consistent drop of 25k,50k and 100k trades which has been the case for a while. However, one could argue that there is always a seller but whatever or rather whoever it is not holding back this breakout. Hopefully any further surprises to come from our BOD will not have to result in us requiring paying for them. Gradually cutting back on the Southern Comfort as the scars begin to heal.

[spellbrook] 03/9/2018 16:13

03 SEP 2018
REINVENTING PETROTRIN