posted
Good time to have some money in your account! I'd love to be buying some more at the dips.
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"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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quote:Posted by: ineedtoknow In reply to: spaceheater who wrote msg# 4459 Date:9/19/2005 11:03:35 AM Post #of 4484
Here is the deal on the So Called 25 million shares that were sold last week.
1.) The amount is not exactly known, but it is believed to be 15 to 25 million shares.
2.) The company that is in Canada that had restricted stock and are involved in the Lawsuit with Titan, convinced a Brokerage Firm that the Shares were available to be traded.
3.) The Brokerage firm has told Titan that the reason they released the stock to be sold after confirming info on the internet showing it could be released.
4.) The Brokerage Firm has admitted it was deceived by the Company in Canada. They have contacted one Titan's sharesholders that has stock with there firm asking him to sell them his shares. It is believed to be around 10 million shares. He would not sell at these levels. Neither would any insider that has filed a 144.
5.) The Judges' order in California states no selling of the restricted shares that are in dispute.
6.) The Brokerage must settle this week, or they will be short and have to buy on the open market.
posted
[From chat with Clayton on rumor; from IHub]
Posted by: alsaco In reply to: drooby7337 who wrote msg# 4471 Date:9/19/2005 3:33:16 PM Post #of 4490
Clayton in chatroom today about "rumour" :
Mary_Smoth: Hi Clayton. Can you tell us anything about that 25 mill illegal sale. Whodunit, da da da
Novak: we are moving it back up, for those that didn't grab at .0157 last week missed 40%, confirmed sale of stock, not cleared means mandtory cover
gbreez: so what is the scoop,Clayton, on thr 50 mm illegal shares,please?
Novak: gbreez: that means, major short with stock they don't have to sale, with news, this could force a big short cover
Posts: 1468 | Registered: Jul 2005
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Novak: jiro40: new info is being added tomorrow [on TNOG's website]. i will let you know
Novak: we are doing a weekly newsletter starting Friday, so get your emails into
Novak: happycampers: It [PR] is expected anytime and if management plays it smart then news will be key ASAP
Posts: 1468 | Registered: Jul 2005
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posted
They are really trying to keep this price down. Dont Sell it!!!
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"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
isn't this company operating some of its rigs in texas where the next hurricane is supposed to hit....this could be bad in the near future of this company....
-------------------- pink floyds "money" is the way to live....... Posts: 485 | From: two rivers wisconsin | Registered: Jun 2005
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quote:Originally posted by databig: does anyone have a guessed price target on this one....
Aside from the meaningless pumper predictions, I think this can go easily back up to .05 or more with news of the K1 being finished, or any other audit or "we have more oil & NG" related news. Something should be out very soon though according to their last PR. Actually overdue from the timeline they gave about the current well they're working on.
Posts: 421 | From: Florida | Registered: Mar 2005
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SAN ANTONIO--(BUSINESS WIRE)--Sept. 21, 2005--Titan Oil and Gas, Inc. (TNOG:OTC) is pleased to provide the following update on its Kosciusko # 1 Well drilling operations. Titan CEO Kent Jacobson reports: "A cement plug was set in preparation for drilling to our target zone. The drilling rig was appx. 100 feet beneath the bottom of the casing, and was dressing the cement plug in preparation for directional drilling. A sudden loss of mud circulation, perhaps due to a fissure, caused a buildup of cuttings that led to the drill bit being stuck.
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"Acid was pumped down the 7" casing to dissolve the concrete around the drill bit. Also, acid was pumped through the 2 7/8" tubing. Afterward, a wire line crew fired a string shot to back off one joint above the drill collars, and the remaining drill string was freed.
"Upon further investigation, it seemed that the stuck bit was due to shale heaving into the hole, therefore, for the past few days we have switched to a mud system and have been thoroughly cleansing all cuttings and debris before proceeding further. As of the close of operations on Monday, the mud was clear of cuttings and debris.
"Yesterday, we successfully fished out the remaining portion of drill string. Cement is being poured today, and the directional drill crew is slated to commence work tomorrow, for an anticipated 3 days."
Titan Operations Manager Pete Maupin reports from the site: "The hole has cleaned up very well since we switched to a mud system. We had some delays as, with the high price of oil, mud and water trucks are in very short supply and operations take longer than in times past. We look forward to the arrival of the directional drilling crew to get us down to the target area, where we expect to find significant oil and gas deposits.
"Also, the 7" diameter casing in this well is very valuable, as most wells in the area are only 4 1/2" diameter. Beyond the significant oil and gas deposits we expect to find as we conclude this phase of drilling, there is a further horizontal drilling target for this well that is available to us in the future. The large, 7" diameter casing allows for horizontal drilling operations which would be very difficult in a smaller-diameter casing. The Stanley # 1B Well also has a large, 5 1/2" diameter casing which will more easily facilitate horizontal drilling."
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.
Posts: 421 | From: Florida | Registered: Mar 2005
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posted
if there having problems now...just wait a couple of days....this company might sustain notable damage from the next hurricane....if anyone can elaborate on the area of the rigs, that would be appreciated...I am in this one for a lot of shares.....
-------------------- pink floyds "money" is the way to live....... Posts: 485 | From: two rivers wisconsin | Registered: Jun 2005
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posted
that is definetly not good for this stock they are already evacuating parts of texas now and for the next 48 hours.....small company might not be able to withstand the blow....
-------------------- pink floyds "money" is the way to live....... Posts: 485 | From: two rivers wisconsin | Registered: Jun 2005
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quote:Originally posted by pgolden: that is definetly not good for this stock they are already evacuating parts of texas now and for the next 48 hours.....small company might not be able to withstand the blow....
I disagree. They are pretty far inland, hour or 2 from Austin. The field that are working in os just that, a huge field. Worst case, they batten down the rigs and wait it out. Delay of a couple days tops. Shouldn't affect them at all, AMEP either
Posts: 421 | From: Florida | Registered: Mar 2005
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posted
thanks for the info.....hope the storm doesnt hurt the surrounding inferstructure either.....still need to get the oil somewhere...hopefully all works out..
-------------------- pink floyds "money" is the way to live....... Posts: 485 | From: two rivers wisconsin | Registered: Jun 2005
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posted
I just hope they come up with significant oil and gas out of this well as they have been saying. If they're predictions come up short, it may get ugly. It's holding pretty well though. I'm still pretty confident. Should be back up to .05 after it's finished. This stock has been good to me for quite a while
Posts: 421 | From: Florida | Registered: Mar 2005
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
Nope, won't go this week. Read the last news. Seems they need a different rig to drill the horizontal well. Oh well. When it goes it should be worth the wait.
-------------------- 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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IBC Radio Network Announces New Sponsor for 'Stock Talk LIVE': Titan Oil and Gas 9/22/2005 11:12:01 AM SPOKANE, Wash., Sep 22, 2005 (BUSINESS WIRE) -- IBC Radio Network, a division of International Broadcasting Corporation ( IBCS ), announced today that it has signed on a new sponsor for its radio talk show "Stock Talk LIVE." Titan Oil and Gas, Inc. ( TNOG ) is the latest sponsor for the show.
IBC, under the sponsorship agreement with Novak Capital, will receive 650,000 shares of restricted common stock of TNOG in consideration for our industry-best advertising package, which includes:
-- Daily coverage of TNOG stock to the 5,000+ informed listeners and participants of "Stock Talk LIVE"
-- Multiple live on-air interviews and updates from TNOG management
-- Priority coverage of TNOG press-releases as they are released
-- Radio commercial spots throughout the entire IBC Radio Network
"Stock Talk LIVE" is a fully interactive business radio talk show focused exclusively on micro-cap stocks. Since 2002, the show has been "on-the-air" each and every stock market day from 9 AM to 4 PM EST. Every show covers a wide spectrum of micro-cap stocks, interesting and knowledgeable callers, and significant trading opportunities for both long and short-term perspectives.
About Titan Oil and Gas
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.
IBC Radio Network ( www.IBCRN.com) is a radio service with a unique, all-talk format distributed coast-to-coast and worldwide
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
Because this stock is waiting on numbers for the oil wells coming on line. The only thing to make it move is those numbers, or bad news. It is obvious that no one is anxious to sell, and the MM's have what they want so the only trading going on is a few impatient or uninformed getting out. The MM's have a good hold on this one. For me it's a good sign, but then, what do I know?
-------------------- 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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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
I'm sure this is old news but I've got a buddy who owns Exxon stations in MD and VA. He told me that "Rita" did more damage than "Katrina". He said that alot more refinery's were damaged and that there is alot of price gouging (sp?). For instance, he said that it use to cost roughly .30 cents a gallon to refine the oil, but now the refinery's (that are working) are charging roughly $1.40 per gallon. So expect gas prices to rise. Hopefully this will have an impact on all oil stocks.
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"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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