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I fully understand your frustration Vauch. I suffer from a form of Chinese torture - you know the type where someone is secured to a table outstretched and a constant drip hits their forehead until they go mad. I wake every morning and switch on LSE and check if there is an RNS only to be disappointed. With what is going on at Tomco the shares should easily be in the pennies by now instead of languishing at .46. I agree that everything with Tomco is tied up in the {QE deal, otherwise some morsel of news would have broken by now. The price does not even follow a sales pattern with the price down over 5% on a small positive gain of purchases over sales.
We can only hope the PQE deal goes through next month before we have to jettison our holdings to save part of our shirt.
Vauch. I may be mistaken but did the Board not issue share options to themselves for over 55M shares at around .45p on one of their recent placings. No risk or outlay and if the shares hit 1.45p - which they think is possible - that's over half a million quid for nothing. Nice if you can get it.
I had a frustrated rant last Friday and Pet3s had a go accusing me of probably not even being invested in TOM. Whilst not in Vauch's league on holdings I am heavily involved and down between 10K & 15K having averaged every placing since I invested at 3p quite a few years ago. I suggest Pet3S take a look at today's postings and see how real investors like Vauch, Joe Yangtze and Sarir feel about the lack of information coming out of TOM. Remember, it was 10th March - SEVEN WEEKS ago that Potter stated that the third well would be complete later that week and we would be updated soon. How long is a piece of string.
What the hell is going on with this Company. The silence is deafening. Are we joined at the hip with the Petroteq takeover or has the drilling operation failed? Is the financing stalling? So many questions are NO answers. What a shower Potter & Co are. Promises of updates missed-not by days or weeks bur months. I take my hat off to you guys who are super optimistic ( good news just around the corner-we will hit 1p soon etc) but the last six months of promises and future wealth have come to nothing. Where is Potter? What's he up to? No doubt all will be answered sometime in the future. Unfortunately we may all be a lot older by then.
Sorry for the rant but my patience has long evaporated.
We are all getting a little nervous after all the hype and comments that it will be 1p very soon and 10p next year. I think it is time for bicycle clips and welly boots for the next few weeks as things are going to sink or swim during this period.
Guys
I am only in Tomco and wish all you Petroteq holders the best when your funds arrive - probably closer to the middle of the month. What I will say, having read all your posts over the past month and more importantly over the past week is that if Tomco isn't close to 1p by the end of this month some of you have a lot of explaining to do.
I have to agree with this quote. Looking at some of the posts over the past 2-3 years I think there are more paid Tomco chatters on this site. If we took a fraction of the optimistic quotes over that period the price should be at least 3-5p and rising. The amount of so called good news coming from the Board over that period should have spiked the price but here we are again in the lower reaches we were in 18 months ago and with all the alleged 'good news'
Like I said, if it ever reaches .70p I'm out.
Listen Ohmetoe. I see where Stumydog is coming from. I read the chat page without fail every day and the super optimism over the past two years and the position we are in makes me think there are dark forces contributing on Tomco to keep us all in. The price has dropped .010p over the past few weeks. Once it recovers that - if ever- I am out and cutting my considerable losses. Take some time and look at the historical (or hysterical) posts over the last two years and see for yourself.
If, by any chance, the price recovers and it looks like some money can be made you have my good wishes. Until then I'm out at .70p
Come on guys. We have been talking about an explosion in the price. Fitzy 66 says we are sitting on a gold mine. I'm with Vauch. When will we get some action. Look back to chats 18 months ago. There was talk of a merger with Valkor and this would explode the price. Huh. My patience is wearing thin after three costly dilutions and delays in news from Potter. Their latest acquisition to the Board was a financial go getter who has so far failed to raise the funds for proposed 5000 bopd which we were promised.. Id there ANY good news coming???
What the hell is going on with the price. I hate to think what it would be if there was difficult news. Potter and his gang really have to step up to the plate and give the shareholders more frequent news. The silence over the past six months is deafening. With what's in the bank with potential shedloads of money this share should be at least 1p. The capital value compared to our so called partners is a mere speck of sand.