posted
I certainly hope so Lee. I have a lot riding on this. It seems to be a company really trying, but I'm unhappy with the delay's on production news.
-------------------- If you don't have instincts, get out. If you do; go with them. Posts: 262 | From: Florida | Registered: May 2005
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posted
Me too leavenart. It's a good company with lots of long shareholders, and it's bound to go back up. It's just a matter of time.
Posts: 1468 | Registered: Jul 2005
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I agree explorer, but it's pissing me off right now! If I had some cash, it's a good point to average down some. We play the waiting game and hope for some REAL news!
-------------------- Legal
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones." -- Albert Einstein Posts: 784 | From: washington, DC | Registered: Aug 2004
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posted
i agree legal we all are waiting for some good news,,and any point is a good entry point when shes down over 50% sometimes i think the pumpers got the pps up..and got out.
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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posted
I disagree with you databig, we have been having great news till this day. Also, we went up to a 0.05+ naturally due to the massive number of long shareholders. We managed to sustain above nickel levels for two weeks, and we didn't go down easily. I suspect there are some holding shares from every point in the descent to here, including myself. Some factors that helped us fall were that we didn't get the ridiculous 500-600 BPD some were expecting, and the company not giving us updates in a timely manner.
However, the primary factor that caused our fall is the MM's. They naked shorted us so much that we are still on the SHO list about 30 days later, and we are now paying for their mistake. They foolishly thought that no was serious about holding TNOG for the long-run. There is no question they manipulated the share price in a negative manner. They are now in a rut to get as much shares as they can ASAP; you can tell by the manner of their henchmen (those who implement their fear tactics on message boards.) The next run is soon and certain, and the MM’s are “going all out” in their attempt to create a panic. There is no question about it that the fact that we’re on the SHO is bad for TNOG’s image altogether, but their shorts will ultimately help the share price. It makes me so angry that we are at the mercy of a few self-centered individuals who have pure evil motives. We made the mistake of not taking enough profits, which exasperated the naked short situation.
Posts: 1468 | Registered: Jul 2005
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i hope your right explorer iam still in and thought about picking up more , but like some iam upset at the way she's running,i figured the 50BPD was actually good, times 365 days a year for one well, ,we were all hoping she would move to the .30 or so like her sister company did QOIL maybe we will get some PR this week yet, OMOG at least sends e-mails to update there investors,
Posts: 535 | From: muskegon, michigan | Registered: Jul 2005
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posted
Start placing sale orders so the MM's can do the pacman thing. Place the order at whatever price you want to take profits.
Posts: 1468 | Registered: Jul 2005
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How low can this go? I wish the price at the pump was going down like this.
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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news out SAN ANTONIO--(BUSINESS WIRE)--July 27, 2005--
Titan Oil and Gas, Inc. (TNOG:OTC) announces an expansion of its drilling program on the Kosciusko # 1 Well.
The Company has determined that high fluid levels on the Kosciusko # 1 Well can continue to be successfully produced; however, this same data has convinced management that bigger production can be expected at approximately 300 ft deeper in the formation. Thus, the Company has decided to make immediate plans to deepen the well to the original target zone, both for maximum production in the near term, and to be in position for a further horizontal completion.
For the moderate increase in cost and work involved, management has decided that the current success is convincing evidence to support this move, and it expects good results.
Titan CEO Kent Jacobson comments: "We are working for the best long term success of this well. After considering the data, as well as long lead times in acquiring rigs later in the year, we feel it is necessary to push forward with these plans now."
About Titan Oil and Gas, 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.
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 Oil and Gas, 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.
Titan Oil and Gas, Inc. (PINK SHEETS:TNOG)
Source: Titan Oil and Gas, Inc.
---------------------------------------------- Titan Oil and Gas Inc. Investor Hotline (503) 618-0370 or Toll Free: 1-888-601-9983 info@titanoilandgas.com www.titanoilandgas.com
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
You are right Big. Its better than nothing, but the fact is they should have done this in the begining. Doesn't show a lot of competence. I would expect 'oil people' to read the tea leaves better, and how about the pipeline. Is it progressing or are they going to tell us in a couple weeks that a truck broke down hauling pipe for them. Pretty poor PR if you ask me. OOps! Just remembered; you didn't. Sorry.
-------------------- If you don't have instincts, get out. If you do; go with them. Posts: 262 | From: Florida | Registered: May 2005
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posted
The well will not be producing while they drill. Which means less revenue. Long term, good news. Short term, maybe not. I hope you are right. Good luck!
posted
Well, if it's as easy as reading tea leaves I'm going into the oil business!!!
Posts: 486 | From: Tennessee | Registered: Jun 2005
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This is very big news. We might strike a well that exceeds 50 BPD, and it will only take a day to drill the 300 ft.
Posts: 1468 | Registered: Jul 2005
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Love this chart. Poised to explode now. IMO Guess we'll see. Well spud news in the morning.
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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posted
Oh it's going to get there JIF, it's just a question of when. I missread the news before or I would be in good shape already. A little luck and it could go over .06
-------------------- If you don't have instincts, get out. If you do; go with them. Posts: 262 | From: Florida | Registered: May 2005
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