Interesting article in the Times this morning,saying that there seems to be a lack of identifiable sources of oil. This could in the not too distant future result in a shortage and rise in world oil prices. This could augur well for TOM as we have an identifiable source. All we need is a cost efficient way of extracting it. I and my parishioners have held shares in TOM for a number of years. Perhaps we may see our investment come to a satisfactory and profitable conclusion?
One major thing stands out for me, the company have land with a lot of oil shale, but absolutely no proven method of getting it out and therefore they will be burning money to research other potential methods. As a result of this I cant imagine many investors will see this as a worthwhile opportunity currently. This is definitely bottom draw and forgotten about until the company has made substantial progress. I can see the share price being unfortunately diluted to oblivion.
CPAP MAN - 28 Mar 2017 - 08:55 - 2865 of 2894 - 1 LOL you are NOT totally mistaken comedy as TOM are more than likely to obtain an additional extremely exciting very high upside potential new natural resources project!
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