posted
accumulated enough inventory - no more money for drink this week. my first sale will be .03 to recoup the rest will see. at least, ttcs is more productive, an increase of 8 barrels in two hours. we have an $100 mil in revenue company with only 9.7 mil o/s. can we put a price tag on each share we have?
[This message has been edited by tqn (edited October 21, 2004).]
posted
ttcs found oil and its stock falling .0192...is it the last chance that the MMs give out to the buyers?
Posts: 734 | Registered: Sep 2004
| IP: Logged |
posted
two stocks to watch for next week... ttcs will have more news on oil drilling from thursday friday and into the weekend, this should come out early next week IMO, the levels are down now and now is another good entry for ttcs below .022
AMBD also rumored to have some news coming out end of next week, should be nice. This stock is still in its young stages and should not have any front loading.
Keep them on your screen and both good buys here IMO
quote:Originally posted by tqn: ttcs found oil and its stock falling .0192...is it the last chance that the MMs give out to the buyers?
I believe so, tqn. I really think this may be the last chance for us to grab some down here. I feel comfortable and confident that we will see very good things next week, and establish NEW levels of support.
posted
it's still .019x.020 you'll need to put at .020, you can try .0195 or something but I dunno if it'll fill either.
Posts: 164 | From: Sacramento, Cali | Registered: May 2004
| IP: Logged |
posted
Grabbed my last position last-minute: 24K shares @ .020. Locked, Loaded, Ready to rock some profits. We'll all be smilin' next week, folks.Posts: 489 | From: Florida | Registered: Aug 2004
| IP: Logged |
posted
our expectations are simple:good numbers on oil production...with the new high for oil i think it's gonna pop and we could make some good bank on it. GLTA
Posts: 46 | Registered: Sep 2004
| IP: Logged |
posted
agreed...its gonna run IMO and so may MBEU. MONDAY its off to the races for TTCS!!! Establish your position early and then hold past news to spike the MoMo
Posts: 171 | Registered: Oct 2004
| IP: Logged |
posted
I'm hoping that my TNGO gaps up on Monday, which is looking like a possibility, and then I can hopefully get back almost everything that I lost with it so far, and maybe more, we'll see. Then I want to buy a bit more of TTCS, I'm still holding 300000 shares at .018. A little birdy told me that CSJJ was at a decent buy as well being really low coming off a 52 week low. I may split the money that I sell from TNGO in TTCS and CSJJ. Hope everyone does well. The website for TTCS does look very sleek and interesting, I went through the whole thing a couple of days ago, very nice and appealing to the eye. Take care all, and Happy Trading, as long as it's profitable. Shadow
Posts: 119 | Registered: Jul 2004
| IP: Logged |
posted
I can't wait till monday! I was wondering what anyone would speculate on this stock.. is this a good play to cash out after good news spikes the pps and buy back after the wave?
Posts: 415 | From: CA | Registered: Jun 2004
| IP: Logged |
posted
i cleaned up everything this week just to stock up ttcs. imo, tngo is gonna have another run but i willing to bet on ttcs instead cuz the bag is bigger. will see what next week will bring us. good luck.
Posts: 734 | Registered: Sep 2004
| IP: Logged |
posted
Jacobson further stated, "These are primarily oil wells and the gas is icing on the cake. Gas is still being vented as Midway continues final work on the wiring of the HCS monitor, and the Company expects the work will be completed by the middle of next week."
AGAIN --
"Midway continues final work on the wiring of the HCS monitor, and the Company expects the work will be completed by the middle of next week."
MY GUESS IS THAT A PR very FAVORABLE for us WILL COME OUT MIDDLE OF THE WEEK this week.
Earth_Man
Posts: 983 | From: Bethel Island, Ca. 94511 | Registered: Feb 2004
| IP: Logged |
posted
time is ticking...today could be the day for news, and if it is, i hope we are all right with breaking the .03 resistance!!
Posts: 171 | Registered: Oct 2004
| IP: Logged |
posted
NEWS OUT as predicted! 24/7 Oil production has begun! :
Titan Consolidated Produces 72 Barrels of Oil
SAN ANTONIO--(BUSINESS WIRE)--Oct. 25, 2004--Titan Consolidated, Inc. (OTCBB: TTCS) Since resuming oil production on Wednesday of last week, Titan Consolidated announces production of 72 barrels of oil from well No. 1. The well was flowed intermittently under its own pressure while the company began site preparation for the installation of a pumpjack. The pumpjack will allow for 24 hour a day oil production and will be monitored by a local pumping service.
Kent Jacobson, CEO, stated: "We are very happy with the week's results. The well was flowed for a total of approximately 14:45 hours and we obtained 72 barrels of oil. The well has very high pressure; SITP (Shut In Tubing Pressure) and remained constant at 1,040 p.s.i.. We will be installing a pumpjack in the near future to put the well into constant production."
With the price of oil hitting highs of $55.00 per barrel, the recent production results are very promising for the company's bottom line.
As earlier 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, (using long-term prices of $40 per barrel of oil and $5 per mcf of gas) this would mean $84,000,000.00 of gross oil revenue and $20,000,000.00 of gross gas revenue.
About Titan Consolidated, Inc. - Titan is an energy company engaged in oil and gas development, drilling and production. Titan follows a conservative business model, redeveloping oil and gas fields with a history of production, while expanding into exploration and development of new properties.