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Tower Resources Share Chat (TRP)



Share Price: 4.475Bid: 4.45Ask: 4.50Change: 0.00 (0.00%)No Movement on Tower Resources
Spread: 0.05Spread as %: 1.12%Open: 4.225High: 4.60Low: 4.225Yesterday’s Close: 4.475


Share Discussion for Tower Resources (TRP)


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Moneymunch
Posts: 2,569
Answer
Opinion:Strong Buy
Price:4.48
View Thread (2)
RE: This is not...
Today 08:50
I'm holding all the way for results and beyond...Repsol has the highest industry success average, and the stunning seismic data for WW1 with it's multi-billion barrel potential with officially a very high Chance of Success, all endorsed by Repsol's cutting edge seismic technology is a rare opportunity not to be missed..GL ;-)

UPDATE 1-Repsol reports above-average drilling success in 2013

Wed Jan 29, 2014 7:40am EST

http://mobile.reuters.com/article/idUSL5N0L31WJ20140129?irpc=932

"The company has devoted significant resources to this business in the past few years in which, thanks to its exploratory success, the company has beat the industry average for reserve additions as well as significantly increasing output of hydrocarbons."

Repsol.....“Where in the world can you find undrilled four-way closures with billion barrel potential….?

"Repsol due diligence before commitment to 0010 was rigorous. Jeremy Asher appreciated the need for full and frank open disclosure. Repsol's endorsement is majorly encouraging.

Repsol: "Where else in the world could you find acreage surrounded by Four-way dip closures" (A structural feature seen on orthogonal seismic lines to dip away in all four possible directions, closure indicating that any hydrocarbons beneath a sealing stratum will be trapped in this feature.)

Repsol is the operator of this high profile well which it targeting a structure with an aerial closure of 1,100 sq km. The well will probe five reservoir targets with an amplitude anomaly in the Maastrichtian, which alone covers almost 500 sq km, bright enough to “light up the dark”, according to Tower's new exploration boss Nigel Quinton.
 
Moneymunch
Posts: 2,569
Observation
Opinion:Strong Buy
Price:4.48
the RR realtime
Today 08:08
the Fanning Tide is still along side the RR, with the Robert H Boh near time...anytime now..GL ;-)

ps the following link is google earth realtime......you can zoom in and see the sea bed floor, the Walvis ridge etc location of drill site. GLA ;-)

hTTp://www.namport.com.na/ais.html
SmallCapper
Posts: 388
Observation
Opinion:No Opinion
Price:4.48
Rowan Renaissance
Today 07:40
Still in Walvis Bay. Quite surprised it hasn't moved off yet. At this rate we may still be waiting for the fun to start a week from now.
Aheadoftheherd
Posts: 18
Observation
Opinion:No Opinion
Price:4.48
View Thread (2)
This is not...
Today 07:31
A deramp, but merely an observation. I'm invested in TRP (a little more than 3/4 of a million shares). The below link shows that failures as we all know can happen in this game.  Lots of differences between this drill and ours but it serves to highlight and reinforce to me at least the need to keep your strategy fluid during the drill (and results phase). I spend a lot of time getting angry with myself as I don't sell high enough or buy low enough, but whatever your circumstances, a profit is a profit and if you make one, you should celebrate your success! GLA and DYOR.

http://www.ogj.com/articles/2014/04/repsol-drills-dry-hole-offshore-trinidad-and-tobago.html
markytosh14
Posts: 211
Answer
Opinion:No Opinion
Price:4.48
View Thread (2)
RE: Tundra
Today 02:11
Play safe matey . Don't overexpose. Acorns .
marve
Posts: 1,645
Observation
Opinion:No Opinion
Price:4.48
can this drill ship even fail
Today 00:32
applegarth
Posts: 2,289
Answer
Opinion:Hold
Price:4.48
View Thread (2)
Tundra
Today 00:14
Picking the right time to buy in is just impossible. That is why investors are getting in now. I just believe after spud there will be a few trading oppo's at sub 3.9p before the big push up nearer news. Largely guesswork but when the sp goes over 7-8p news may be imminent. If the sp goes higher, rampers will say, "Must be a leak".....this tends to work and a final spike up before news indicates an exit point for traders? It's a personal choice whether you sit tight or take some early profits. Many sell on this penultimate spike 'guessing' the news is nigh on due?
It is possible we'll get a drilling update that may alter our exit strategies. But it can be assumed that most traders will NOT hang around to see if we get a duster?
I am holding and will buy more on any dip below 4p which may come soon after spud during a quiet period. There should be daily mini spikes that the '5% yoyo boys' will use to their full advantage !
markytosh14
Posts: 211
Answer
Opinion:No Opinion
Price:4.48
View Thread (7)
RE: I still say best to buy AFTER s..
Thu 23:37
If they do hit and say further tests are being carried out it will be NT all day . You may be lucky with a high order price
so you takes your choice . The patient ones in months ago are laughing as they will be on a free ride now . Good luck to them .

I'm excited even though I bought in at 6p being a bit late in my timing !! Only a modest stake which I can write off if all goes wrong but would still pay a lot of my mortgage off if it comes off big. This is the best olie punt for a long time
even with the large share issue .. A small 2k punt could net 20k easily if this comes in . So well worth a go.

All the best and let the games begin !!!
danmc
Posts: 17
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.48
View Thread (7)
RE: I still say best to buy AFTER s..
Thu 23:32
b careful with that tactic steve, when rockhopper hit their shareprice dropped right down scaring pis to sell before rocketing up same happened to caracal the other day shareprice dropped to 12 month low 1 hour later takeover confirmed at 60% premiun to shareprice ,just trying to help good luck
steve196
Posts: 196
Off Topic
Opinion:No Opinion
Price:4.48
View Thread (7)
RE: I still say best to buy AFTER s..
Thu 23:23
My game plan is look at the trades, if any big sells it a duster, if there are more buys were on to something.I'm in TRIN there was some heavy selling going on before the rns came out as a duster.Trades is the answer



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