posted
me too I kept about 12,500 just in case it is a washout I wont lose on it just making sure I wasn't the only one thinking on those lines
Posts: 83 | From: Metairie, LA US | Registered: Sep 2004
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posted
if they fix the borken stuff and pump more black thing up next week, ttcs should worth 10 pennies a piece, praying to stock god.
Posts: 734 | Registered: Sep 2004
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quote:Originally posted by tqn: if they fix the borken stuff and pump more black thing up next week, ttcs should worth 10 pennies a piece, praying to stock god.
LMAO, now that is funny!!! "Stock God" Ten cents would be a little slice of heaven though
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
The oil rigs should be up and running end of week here and then back in action next week. From what we saw yesterday the oil numbers where GREAT for only 2 hours, i feel more news is on its way into next week with higher numbers and more output. This stock is a gem imo and is near its lows now, has lot of room to grow...and should next week if news of oil figures hits like it did yesterday
Posts: 171 | Registered: Oct 2004
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posted
Good point, m_a ....This is gonna have a bigger run with bigger numbers likely to come within the week, that's all there is to it. Last news pushed this stock up on fairly low production #s. When pump is active(any day) and they get to REALLY cranking out the oil, you'll see much bigger #s. Good for short-term play, definitely, BUT also good for longer-term hold, as they are expecting over $100 Million Gross Revenues.
Posts: 489 | From: Florida | Registered: Aug 2004
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posted
Just some good news for all of us holding TTCS. Yeeehaaaww, go baby go.
Press Release Source: Titan Consolidated Inc.
Titan Enters Production Phase and Releases Progress Report Thursday October 14, 10:30 am ET
SAN ANTONIO--(BUSINESS WIRE)--Oct. 14, 2004--Titan Consolidated Inc, (OTCBB:TTCS - News): Titan Consolidated enters production phase and releases progress report. Since announcing its intentions to begin oil and gas development in April 2004, the Company has made significant progress and has entered into the production phase. Last week, Titan announced the production of 12 barrels of oil in the first two hours of operation. Titan CEO Kent Jacobson comments: "We've come a long way in these past few months and we are thrilled to enter our production phase. We are excited about our prospects to bring additional wells into production and look forward to releasing preliminary production results in the near future."
Since April 2004, Titan has had several noteworthy announcements beginning with their intentions to develop the Wilson County, Texas Field. With the assistance of Petroleum Engineer Peter Maupin, the company has made the following progress and significant announcements:
As originally stated by Petroleum Engineer Peter Maupin, "It is very difficult to determine exact reserves in the Austin Chalk because of the nature of the reservoir, as it is made up of fractures and fissures. From the extent of the field -- approx. 3 miles long and approx. 3/4 mile wide, we can assume a minimum of two million barrels of recoverable oil are still in place. This would mean over $55,000,000.00 of gross oil revenue at today's prices. We can also assume a recovery of approx. two mcf of gas/bbl of oil recovered which would give additional gas reserves of approx. four million mcf. This would mean over $12,000,000.00 of gross gas revenue at today's prices." Adjusted for oil and gas prices as of October 2004, this would mean $84,000,000.00 of gross oil revenue and $20,000,000.00 of gross gas revenue.
On Sept 15, 2004 - Titan entered into a gas production contract with Midway Pipeline, Inc., of San Antonio, Texas to facilitate the sale of gas production in the Stanley Unit, (Austin Chalk), Wilson County, Texas. On Sept 21, 2004 - Titan announced installation of the gas separator unit on its project in the Stanley Unit and announced an agreement with Midway Pipeline, Inc. to include an H2S Sample Monitor which will allow natural gas to be treated on-site thereby realizing the best attainable market price on anticipated production. In addition, this agreement will result in an additional 5% payment to Titan each month, above the current gas sales price. On Oct 7, 2004 - Titan announced completion of gas pipe to the wellheads of its 2 major wells. Titan further announced near completion of the final wiring for the H2S Sample Monitor for gas processing and imminent sales of natural gas. On Oct 14, 2004 - Titan announced production of 12 barrels of oil in the first 2 hours of flow from the No. 1 well. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Consolidated, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
posted
can anyone predict what the next run is gonna end up? with the oil new high, the anticipated sale revenue, over a dollar is convervative to say, just a matter of time.
Posts: 734 | Registered: Sep 2004
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quote:Originally posted by tqn: can anyone predict what the next run is gonna end up? with the oil new high, the anticipated sale revenue, over a dollar is convervative to say, just a matter of time.
Are you playing the highs and lows, or are you just riding it straight out?
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
It seems to be rising pretty steadily today. A couple of dips. I am thinking about buying more during the dips. This one seems to be a no brainer, but then again, I've thought that before in penny land.
Posts: 784 | From: washington, DC | Registered: Aug 2004
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Titan Enters Production Phase and Releases Progress Report Thursday October 14, 10:30 am ET
SAN ANTONIO--(BUSINESS WIRE)--Oct. 14, 2004--Titan Consolidated Inc, (OTCBB:TTCS - News): Titan Consolidated enters production phase and releases progress report. Since announcing its intentions to begin oil and gas development in April 2004, the Company has made significant progress and has entered into the production phase. Last week, Titan announced the production of 12 barrels of oil in the first two hours of operation. Titan CEO Kent Jacobson comments: "We've come a long way in these past few months and we are thrilled to enter our production phase. We are excited about our prospects to bring additional wells into production and look forward to releasing preliminary production results in the near future."
Since April 2004, Titan has had several noteworthy announcements beginning with their intentions to develop the Wilson County, Texas Field. With the assistance of Petroleum Engineer Peter Maupin, the company has made the following progress and significant announcements:
As originally stated by Petroleum Engineer Peter Maupin, "It is very difficult to determine exact reserves in the Austin Chalk because of the nature of the reservoir, as it is made up of fractures and fissures. From the extent of the field -- approx. 3 miles long and approx. 3/4 mile wide, we can assume a minimum of two million barrels of recoverable oil are still in place. This would mean over $55,000,000.00 of gross oil revenue at today's prices. We can also assume a recovery of approx. two mcf of gas/bbl of oil recovered which would give additional gas reserves of approx. four million mcf. This would mean over $12,000,000.00 of gross gas revenue at today's prices." Adjusted for oil and gas prices as of October 2004, this would mean $84,000,000.00 of gross oil revenue and $20,000,000.00 of gross gas revenue.
On Sept 15, 2004 - Titan entered into a gas production contract with Midway Pipeline, Inc., of San Antonio, Texas to facilitate the sale of gas production in the Stanley Unit, (Austin Chalk), Wilson County, Texas. On Sept 21, 2004 - Titan announced installation of the gas separator unit on its project in the Stanley Unit and announced an agreement with Midway Pipeline, Inc. to include an H2S Sample Monitor which will allow natural gas to be treated on-site thereby realizing the best attainable market price on anticipated production. In addition, this agreement will result in an additional 5% payment to Titan each month, above the current gas sales price. On Oct 7, 2004 - Titan announced completion of gas pipe to the wellheads of its 2 major wells. Titan further announced near completion of the final wiring for the H2S Sample Monitor for gas processing and imminent sales of natural gas. On Oct 14, 2004 - Titan announced production of 12 barrels of oil in the first 2 hours of flow from the No. 1 well. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Titan Consolidated, Inc.) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
posted
From the extent of the field -- approx. 3 miles long and approx. 3/4 mile wide, we can assume a minimum of two million barrels of recoverable oil are still in place. This would mean over $55,000,000.00 of gross oil revenue at today's prices. We can also assume a recovery of approx. two mcf of gas/bbl of oil recovered which would give additional gas reserves of approx. four million mcf. This would mean over $12,000,000.00 of gross gas revenue at today's prices." Adjusted for oil and gas prices as of October 2004, this would mean $84,000,000.00 of gross oil revenue and $20,000,000.00 of gross gas revenue.
LIGHT SWEET PROFITS $$$
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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posted
Yeah, I am definately going to increase my position by tomorrow. I think it will start to fly next week!
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
I sorta hope it dips a tad tomorrow, so I can get in cheaper. Regardless though, I think it would be wise to increase.
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
Finished 50% UP Today. AT .03 Nice finish. $100 Million Dollars estimated worth of oil and gas in this oil field they just started pumping out of.
YaHOOOOOOO !!!!
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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posted
Yeah earth shaker, this stock could be the epitome of your name!!! Lets hope so
Posts: 784 | From: washington, DC | Registered: Aug 2004
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quote:Originally posted by Earth_Shaker: .028 ITS A STEAL !!
Volume at 10 million WOW !
YES I own this one. I would be crazy not too.
GLTA
at .028, it's a fill tomorrow morning, i think - but if the next week pr out that they finish fixing the problem - and the black stuff continues pumping up, man, we will have early merry x'mas.
posted
And you know this man!!! I gotta get more tomorrow, even if it means taking a slight loss somewhere else. I think this might more than make up for it.
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
Rollin Rollin Rollin, let that oil go flowin Rawhiiiiiiide Yeeeeehhhhaaaaaawwwwww, Giddy up Doggie. Keep moving, I'd love to have a Merry Christmas this year making back everything that I've lost, plus more. Daddy needs a new computer.
[This message has been edited by ShadowStalker (edited October 14, 2004).]
posted
Hey Bullzebob, I've got a question for you. For one thing, excellent work, but for another, where did you get your psychic powers for the news release. Were you in line to take Voodoo Witch Cleo's place when her psychic hotline went bust. HA HA HA HA!!!!!!!! Great job man. Letus know when the next one's coming. Cyall-and happy trading, Shadow.
Posts: 119 | Registered: Jul 2004
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posted
Im adding to my possition this morning too. This could make up for ALL my losses thus far with Pennies!
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
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posted
Yeah, me too man. I think I'll be selling a few things this morning. I think this one will be a big gainer next week. I just pray that they announce that they got that pump working once again.
Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
I caught this one late,i'm still playing though.I agree that this one has alot more steam left in it!!! GLTA!!
Posts: 2093 | From: Leaving Your House | Registered: Apr 2004
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posted
Well, I'm finally gonna do some big spring or should I say, Fall cleaning on my stock portfolio come Monday. I'm gonna look at taking XYNY, TNGO, and possibly my CDVJ shares, liquidating them, even though it'll be a loss, and buy more of TTCS. I've got 30k of TTCS and could have made over $600.00 so far in the last week if I'd done like Dog does and sold when it went up on spikes, and then bought back on the Dips. Well, if it's still at a low price Monday, I'm going to try and liquidate the above mentioned stocks and buy more of TTCS. I'm thinking that I could definitely make up for most of the losses that I've had this year with this bad boy when they get the pump back up and running again. Happy trading to all-Shadow.
Posts: 119 | Registered: Jul 2004
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