Member Info for crl123

drop

I echo comments regarding new investors and upside without PPT (income tax). SPT overhaul now looks more likely than before IMO. Although not in a hurry I would suspect. I genuinely believe this has far far more upside. Today the MM's seemed to be fishing for shares. That is a good sign. The rop quickly re-righted itself. There do not seem to be enough sellers for them.....raising the bid is the only way perhaps. long term however.....this is still up to the 50p mark looking at debt free drillingand potential farm-in. If WTI corrects on a deficit then we may see this much sooner.Out.

Very relevant. PWC report due in ''Coming months'' though. As per GO's detailed infor regarding refinery consumption....T and T need home grown. Why import? So...hence...encourage more HOME exploration. How? make it more attractive fiscally.essentially...yes you may be right. i also believe it is WTI supply deficit forecast for June that may be of relevance here. Don't forget Trin is hugely underrated so it is like a little bit of catch-up when kids have had an illness and body stops growing. It shoots up much more quickly afterwards to make up for it. Simile./analogy. brokers' forecasts beckon too.

Decent detailed summary. Figures are mind-bending to some but important.Most of we LTH’s aware of figures. Perhaps me more than some as I remember when Trin( info via Tracy) had to convert 2P to 2C and explain why. She was a mine of informed clarity. IMO 2C is underestimated. It will transform Trin when debt / farm-in/WTI come together. In 3 yrs this s/p could be back where it was in 2014. Shale will not stop market realities.Because it cannot.Shale started all this. It cannot finish it. I wish I held more Trin but I hold enough. The best is IMO yet to come. This is not a “play “. It’s a prospect. Asset sale/cash in bank/monthly profit and govt. repayment/ WTI supply -demand kickback/CLN repayment/ 2C prospects 2019/ potential SPT overhaul ( iin spite of my intense irritation to date)/ top-quality management!!!! The latter should not be underestimated. This will (!!) IMO reach Malcy’s target price!!

Please copy and paste? I don’t use Adfn.

Looking at BOPD and judging a company by it...and even looking at the market cap as just one variable ...is like describing a country by looking at one field ..or one river. As Bruce Lee said.....''if you're pointing at the moon ..don't look at the finger.... or you miss all that Heavenly glory.'' I'm afraid that real company (and REAL share dynamics) demand a much wider analysis. To know Trin.CERP/TXP/RRL etc etc..you have to know a great deal more than BOPD and even a fair amount about T and T and their MO.I could go on....but won't.

That’ll do nicely

Big fluctuations and now back to starting point as if news never happened. I dislike AIM for tgis. Maybe should bottom drawer and sleep for 6 months.

just read you last detailed post on PC not iphone. agree far more on deliberation. Each to their own....sell if you wish to realize profit. But Trin is unquestionnably a long-term steamer if you take oil's direction into account but I would also add that the asset developmental potential is possibly one of the greatest catalysts to share growth. 7000bbls a day is more than double present volume and WTI may well have risen by then if supply/demand metrics do imbalance as severely as suggested and shale-fail also come about.the lower and longer the oil price the bigger the vacuum in investment .....an as you say..nature doesn't like vacuums....the bigger the eventual kick-back.Fascinating boom-bust of oil......you can watch it going back a century.short-termers.....we have asset sale and audited results to come. mid-termers...we have debt pay-off assured. long-termers...we have no debt and asset devt. in an oil hungry world which needs to catch up on lack of investment for 4 years. Whew. still think there is no better place to keep your money...You can get 1.25% with Shawshank bank. Top rate! Not exactly compelling.Ummmm .... half of inflation (2.3% in March) . Think I'll leave it in Trin and go to sleep.I post too often .OPD.

Did I write that? What was I on? Therapy not workingobvously !i should take a rest from spouting. Here's to a hopefully good week to come and more importantly a good 6 -9 months ahead.

Post personal responses. Been thinking. Yes..Graham’s view is very much Warren Buffet in essence. Buy into a solid company and” go to sleep” for a few years. I will complicate this however by postulating that “ investors” have to be able to part with that money in the darkness theoretically not looking at share price. As Buffet said too. I do however feel that some / many “speculators” are just not in a position to do that. Hence being speculators. Of course it is a choice on their part...but circumstances may not permit the “darkness” of the sleep of the long term investor. Merry dance of fear and greed.....well.... fear certainly. Greed is desire. The personal circumstances of the investor/speculator can play a big part in their ddecision to be one or the other. I speak from example. I muddy the waters. But with good ( if not necessarily co-resonated) intentions) . The market has IMO very much become one of speculators ( private ...can’t speak for institutions). Very few work long term as far as I can see. And only those who can afford to live without looking at the share price. Most will take the money and run. I am just remarking on what I see. I respect either approach as we are the agents of our own existence...and choose accordingly. I am a specuvestor. My speculation re. Trin is behind me and investing ahead now. ( although I am a stock price watcher!) . Trin has everything ahead of it...would be nice to have a long sleep.It’d be refreshing anyway perhaps. Forgive my rambling anyone. Cogito profundo ergo sum. Makes me difficult. Raining here now you see :-( Sitting in. Ignore and enjoy weekend all

How long is a piece of string?? Up to each individual Placee and their individual goal.some Placees sell at short-term profit...some hold out to warrants and well well beyond. look at spudthe plumbers post few days ago re. companies which multplied in value before placees sold. Over and out.

Appreciate your post...but that's what I meant. looking for volume .There is more to it however. MM's have a richer game to play. they will indeed increase and decrease prices and even accumulate or even short shares at times. Things have changed greatly in the market.Not asking you to agree....just saying it how it is. There is much written on MM's and their machinery. A lot of it has not been read. It goes right back to the Great Depression. recent literature describes how the 2008 fallout and low interest rates has affected market machinery and the middle traders of whom we speak. I can leave it there. i just find it fascinating as there is far far more to it than just making money on the random margin. Some of the literature is fascinating and describes all sorts of market manipulations or ''games'' played at times. 'Nuff said.

I phone typos

No. Dilution was not an issue re.Trin. There was a refinancing which involved some extra shares but that was never an issue like it usually is with straight Placings.So much to tellu. Been here from day one of Trin’s inception. To get a flavour of its presentcstate read latest RNS’s. Particularly the latest. You need to know the very rosy picture re. debt repayment/ asset sale/new drilling/ future expansion. Read latest posts by GO regarding oil supply/ demand and Trin’s undeniable strengths. This is mothing like the company I invested in 5 yrs ago. This is a cracker with no skeletons in tge cupboard.This wel reflects short term. Audited results and asset sale approaching. Early debt repayment and CLN dettlent. TGAL ( Galeota Ridge) is waiting for next year ( long- term bopd 7,000 ). Much more to day. Leave it with you.

When any sellers have exited then this may take fresh legs again. Revaluation was ridiculously overdue.No better place to put your cash if you want prospects.( I hold cash myself but it is wasted.Hence LSE Vegas as all and sundry partake due to negligible interest rate). No better place than here for prospects.( I am not known for unwarranted optimism and am shot down at times for random pessimism).Roll on the Trin train.No better short/mid or long term investment. 5 years of roller-coaster pain to prove it.Let's see where we go from here. The market has woken up to reality.

I was proven very wrong too. I didn't think so either. As long as you didn't lose. Hopefully u made something.Fredr....thanks. Man@ca......roller coaster ride alright......been through the tunnel...Hey 3 cheers for TXP. good for you.

Normal with Infa sadly.I expected it. This is a bottom-drawer job. MM's look for selling what they have acquired ...and acquiring it as cheply as they can. Short-term trading on their part....looking for volume probably.

I am LTH. Trin as solid as it gets.Any questions just throw them out.

Thanks my man. Will check out your recommendations. Hope house is a dream.