Member Info for dazzle1000

Frustrating that TomCo dragged out their original plan to test the insitu oil in December now waiting on permit to be signed of shortly, we have potential reservoir reserves estimates, now just a formality to flow test the insitu, which I’m assuming is the same as tar sand but steamed and sucked up minus sand, but contains all the other oily elements to sell one being asphalt estimated at $94, WTI estimated at $64 now $86 but with QFI Bio-msar glycerine additive it can generate a premium with no refineries involved and straight to bunker fuel..to name but a few processes. TomCo estimated the permit for test due very shortly and in my view could be a week to a month, then what ever we test and flow we can sell fingers crossed that testing needs proper due diligence at least a few months ;-) leading up to then the final permit to full production of instu ( revenue stream) any accountants out there that can do a quick calculation if this money from june - December when the TSHII 90% payment is due could cover it? Including paying back Valkor for the 1.5m loan for 10% of TSHII purchase.

@Aj2205 07:36
Yep I would say to some degree that would be the case, what with Valkor and cantor having a hefty chunk in TOMCO, big eyes are defo watching and are getting in early seeing Tomco potential unfold. Hopefully more heavy hitters will come in and buy up bigger chunks lifting the sp to better/higher supports was peeed off to see Tomco always get sold back down just as it was making headway to new highs. As far as I’m concerned and in my interpretation of things i can only see goods things to come. From the last few RNS anyway were positive and held up the narrative in the direction we all know TOMCO are capable of. Glad they are taking this chance with Valkor, like i said before both of these companies were looking out for each other to secure the hard work they did with PQE. Who’s to say that some of the bod money wont be put into TOMCO or the like?

@torreaguas and sarir
Sounds very promising, any heavy hitters? My thoughts are that really this is a once in a life time chance of investing into something credible and a game changer too, shame PQE couldn’t make it to the end but the offer was a good one at the time..i know Valkor, Tomco and if a remember rightly and correct me if I’m wrong that there was one last little company that got awarded the PQE tech to use on licence called “big sky” not sure if they are private or listed on an exchange. (No i don’t mean sky quarry) its in the one of the last couple of RNS for PQE.

@sarir 17:14pm
Have you spoken to the other PQE investors who are defo willing to put large chunks into TOMCO…not long to go feb 10th payday if 51% has been reached should know by the 8th feb surely.

@Fadec92 8;50am
Yes indeed fadec92, those who see the longer term and positives with in the temporary blips and have done their DD will see the fruits of their labour.. i cant abide whinging Mary’s crying over spilt milk, those who trade or invest should know the basics and more before speculating their savings..the placing was on the wall I’m surprised it wasn’t sooner nearer .007, but at least the bod are confident of permits coming. And as for dusters lol my god “higher quality in-situ and tar sand ( asphalt$94, bitumen, crude $83-$87 etc.) plus 4 different sand grades for industry. The main priorities are: in-situ test drilling/in-situ production h1/ secure funding to pay for 90% of TSHII and for POSP CORT tar sand $114. Both i would imagine are non- share diluted.. what’s not to like, for those impatient types just chill if your not comfortable getting in early with all the ups and downs then derisk enough to sleep at nights and come back in a year.. i. Do understand those who have bought in at far higher prices as i have been their as well maybe use this low sp as a way to avg down somewhat..imho no advice intended

@Lee rex 8:30am
I understand the frustration but platings are a last resort if other options not forth coming for example 88e has over 14bn shares but is now debt free with $35m in bank and more potential oil in 4 different areas than they were two years ago…
Tomco has a good chance of succeeding and these soon to be test drilling will show potential revenue and production (to start drilling by June h1 2022). This sentiment and what other investors have done their DD on the Utah area and prime tar sand /in-situ resources will bare fruit. I’m sure a few heavy hitters will put some more coffers in to TOM in February after the PQE offer sale has been transactioned ..yes there are still risks, but for some its worth taking..the new CFO guy looks to have good qualifications..Bodes well

Dazzle

Ps: as a added bonus QFi Bio-Msar makes the mix of tarsand heavy oil even more refined with out the need of refineries..straight to bunker fuel for those big shipping tankers.

All inter connected, yes they may seem like they are working on there own, but they helped each other out.. no way would Tomco still be here if it didn’t hook up with valkor and pqe.. probably struggling and more dilution to keep the lights on with no potential near term revenue…

@quantume star 22:16pm
Cheers for that, appreciate any thing you can muster. Every little helps for the team.
Dazzle

@quantum star 16:41
As far as i read it. If vision get 51% on or by the 7th then as mentioned in their offer it takes a further 3days until payment for those who tendered up to that point.. those who remain trying to hold out for more between 52%>89% may in a very slim chance get a smidge more if vision hasn’t after a further 10days then viston may or may not up their offer slightly they may even buy up the remaining shares on the OTC market and see if they reach the 90% compulsory purchase requirement…

Dazzle

@quantum star 16:36
Pr springs is an area in Utah, highly prised by eco worriers, lots of google on pr springs a few years ago, couldn’t see a problem now what with game changing nomen-water using and no chemical waste of PQE (Cort)
https://www.reddit.com/r/Petroteq/comments/nneqf8/quorum_short_stuff_how_quadrise_and_greenfield/

I think its more to do with the BLM leases from 2020 see link: https://ir.petroteq.com/sec-filings/sec-filings/content/0001213900-20-042837/0001213900-20-042837.pdf

Also mentioned in a Tom of proactive article where pr spring land hold a significant amount of tar sand see diagram in link:
https://www.proactiveinvestors.co.uk/companies/news/923788/tomco-energy-oil-sands-project-moving-forward-923788.html/long

Dazzle

@sarir 9:34am
Have to agree with you Sarir. I have tendered my shares to viston and just waiting on news that 50%+1% then on or just after the 10th feb is payday hopefully, so look out for SUBSTANTIAL buys. But just as a cautionary note we still haven’t heard any news on the appraisal drilling that supposed to be starting in DEC. We may never hear of it until this march and an RNS for the production permit. LIke others have previously expressed about the BoD Pr communications is dire and awful, the very least is an date in between.

@fitzty66 15:22pm
Yeah fair play to the other buyers as well deciding to get in at this level and hopefully others will get on board and see the potential happening.. this could well be the bottom and we will see more buying leading up to news soon on drilling..

@fitzy66 14:55pm

I see my 2,500,000 buy went through ok today….I definitely agree with a few posters that Valcor is key in helping Tomko get where they are today. I wouldn’t knock it.I think PQE just didn’t have enough coverage for bigger players and bigger audiences for example I noticed 88E was top of the search list on the lion.com and also has 22,000 stock twits and many more Reddit followers. Although doing well not as a game changer like PQE cort and with QFI bio-msar. A lot is going on in the world to distract the masses.

From the report
1: asphalt index price of $94
2: WTI $64, now $85.55
3: sale of sand x4 products see united states geological society for prices
1.5 tonnes of sand per 1 barrel of oil produced, not too sure if in-situ oil is the same as open mined pit tarsand type, and I vaguely remember reading somewhere that its a 50/50 ratio roughly of in-situ to tar sand volume of oil in the ground just that one is deeper under ground..

Just a thought in the realms of possibilities that if TOMCO couldn’t get the funding for the 90% of TSHII, and only secured the 10% would Valkor after tendering their 60million shares in PQE buy 90% TOMCO share or loan it to TOMCO.? To confirm need to pay 1.5 million for the 10% by may and if they get permitting in early march for production they have a couple of months to generate revenue after costs and royalties to pay that 1.5million, then have 7 months to pay the 15million for the rest of the 90% of TSHII contract.

I don’t think you would beat my highest price of 30p when 88e was called tangiers wayyyyyy back in 2012. Lol manage to avg it down to 1.5p… from my own experience its hard at first to swallow (excuse the pun) that you bought at the top but i did buy when 88e was sub penny ( not all would take such a strategy ) and hindsight is a wonderful thing and if we all possessed foresight we be all millionaires and can do nothing wrong… so buy sub <1p helped avg down big time, so not that I’m giving advice for newbies, but it was a risk worth taking as there was a pattern emerging with drilling only once a year in winter..but i was more invested than trading at the time so missed a few golden moments to top slice..and to rebut back in lower or derisk and things were not a Rosie looking as now a few years back..

@Rfarfa 19:11pm
I think Tissot reissued the old battery quartz as a new mechanical automatic 80 hours with retro 70 vibe which i like as i remember my uncles having watches late 70’s..I’m also looking at Tudor.

@swify 17:37pm
Thanks for that i remember reading that George Daniels invented the co-axial that Omega used in their watches, shame he didn’t patent it for his own designs to keep his British legacy going… ALL EYES on OZ tonight then see if they buy up more after the USA or sell some for profit. Huge volumes today so could this be the start of something good?
https://youtu.be/DSAob1TnAvc

Dazzle

@rfarfa 16:29pm
Thanks for the feed back interesting to know and point of view. What other watches would you consider to be of value and just as well made as rolex..? One watch that i was looking at wearing everyday and not worried about bashing was the tissot prx power attic 80 https://www.tissotwatches.com/en-gb/t1374071104100.html

@mickey masters
Is it true your not building a runway now mickey, but a new EVTOL electric flying vehicle mini airport ;-) with solar power and vertical farming …