We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Too busy counting the money I make than worrying over what somebody else is being paid.
Count the money he gets paid each month.
The company doesn't have a business plan, therein lies the problem Crownos.
I don't know what JP does with his time
Given the fact that Valkor/HSO were or are still wanting to drill for oil on the 10% of TSHII land that Tomco now own, I don't know why Tomco don't pursue drilling on their own land themselves if the oil is there to taker. This is is a viable avenue if what people are saying is true in that Tomco & Valkor/HSO aren't in good standing anymore, and things have soured.
Because, still pushing all our resources into a funding dream for something that hasn't worked out for over 2 and a half years now is becoming a dramatic drain on all shareholders involved in this share. Tomco would be much more likely to gain funding for almost a hundredth of what they are currently asking for in order to kick start a drilling campaign on their own land, than sitting for years on ends with their hats out like beggars on a street corner hoping someone will drop them close to a hundred times their current market cap on nothing but an untested idea.
I originally bought into Tomco because I saw significant gains to be had through the technology via Petroteq which had major potential for profits in Utah where so many had failed, and thought Tomco would be the leaders of that technology along with Valkor, but it seems from what others have said that Valkor/Tomcos relationship is breaking down or souring and we are now relying on technology from a company that has gone through a trade halt/removal and cases involving major fraud which only puts doubt on the whole projects ability to scale despite third party verification.
Tomco have tried distancing themselves from Petroteq stating they are only using a shell of what Petroteq offered and are now going down a different/altered route of the original tech, but it makes me wonder if the breaking down of relationships and tarnished rep of previous partners has stymied any chance of getting this project funded and off the ground.
I personally feel Tomco needs to pull its head out of the funding sand and get a grip of what is within its own remit right now as a company, and what is actually possible rather than continuing to pursue something that has now become a distant highly speculative pipe dream which is unlikely to happen without a significant sell off. It's probably still highly unlikely to happen even if Tomco agree to sell off nearly all of Greenfield anyway, as this Idea has been around for well over a year now and no one has taken the sell off bait yet.
We keep getting, "were in negotiations" but are given no evidence of how close any of these are "negotiations" are, only that they are "talking" with potential funders. I can sit with my bank and talk about a loan I know they will never give me all I want and class that as talking with a funder. Something has to give or something needs to change significantly, and soon. I'd sell up if it what the shares are worth now wasn't so utterly low making this a real boom or bust share, as with Tomco, there is no sign of compromise for something smaller but wor
The update will most likely come from Valkor
Right on our doorstep, in our back yard, but not a fecking peep from TOM
Radio (frequency) silence..
Maybe we’ll get an update next Easter then?
The Company is also announcing the commencement of drilling activities on the Asphalt Ridge project in Uintah County, UT. A rig is scheduled to be on site this Sunday, and to drill and complete the Company’s first well on this asset in the next two weeks. Drilling results are expected to be readily available shortly after the well is drilled to a total estimated depth of 1,200 feet. The project targets a highly promising heavy-oil tar sand field that is expected to be densely developed at scale, with as low as 2.5 acre spacing for future wells. Through existing working interests and option agreements, the Company has the ability to take up to a 20% working interest in this project.
“These are positive next milestones for our Company,” commented Michael Peterson, CEO of Trio Petroleum Corp. “It is very encouraging to see these next steps happen in the transition from the exploration and de-risking of these promising oil and gas assets into potentially scalable cash-flowing resources. We look forward to providing further updates as we drill our first well on the Asphalt Ridge Asset and restart production on additional wells and selling of oil produced from both the McCool Ranch and Presidents Fields in the months ahead.”
Quadrise CEO in Director’s Talk Interview
https://1lo.co/xAmuT
Heavy Sweet were paying TOM for permitting and gov relations assistance. Infrastructure was also going to be located on the TSHII site.
We can sit in hope that the approval of permits and funding for the initial wells can evidence the area and TOMs funding is a matter of when and not if going forward
See the Quadrise announcement today regarding Valkor funding and drilling next week. This should bode well (LOL!) for TOM getting it's funding, as it will prove up the oil.