Member Info for jackpack

I think a large number of people last week got carried away selling shares they do not have and to close these position they will have to buy shares and in their panic they will be posting all sorts of wild stories to try to get the price down hoping shareholders will sell. In the end hopefully it will be a case of what sort of haircut do the market makers give them a short back and sides or a full scalping

Well it sounds there is going to be a lot of activity here next week wonder who will win the shorters or ordinary shareholders buying because of the good results gold miners always do well when they have a good result

Seems that we have people who have yet to close shorts next week and want the price and how depressing they sound in their attempts to get the price down

When you take the time to read these results are very good. Is it that some people just like been negative and want another go at shorting this share - when you short a share which should be going up where the facts don't back up shorting you always loose in the end wonder what will happen next week

Starting to look more and more that we have been taken for a ride by a group of shorters and nobody knows anything about advanced sale of warrants check it out for yourselves

States in is letter yesterday they are very confident of a positive funding result - shows how far we have come since the 30th September .It certainly helps to have the right people working for the company with the right contacts and experience.

I took the valuation to be .34 of a penny which I thought could hopefully be reasonably achieved at some point in the next few weeks or months wonder if the pound sign is correct. Thats just over 8 bags which would be a very good start to the upward journey

Simply wallstreet valuation is only just over 8 times our current share price or 8 bags - hopefully we will see the share price reach it or near that or maybe even more.

Sorry missed of second reason which is that they want companies to borrow money from them and pay interest rather than do placings

Worth remembering banks usually make no placings a condition of bank finance for two reasons 1. It dilutes the asset base which is their collateral.

Having re-read the RNS 2nd August it is interesting that Stacey Kivel who is a qualified lawyer with a degree in finance who has a successful track record over many years of raising hundreds of millions of debt and equity finance to successfully run drilling campaigns has joined as a director ( no wonder malcy was impressed). I think todays RNS shows some of the early results and maybe from now on finance may not be the problem its been in the past .

Please keep up the good work and like many other would like to see Tower go from strength to strength its a mark of Towers potential that we have so many derampers here. I don't think derampers like to be constantly challenged by true shareholders it makes them feel inferior which they are.

Hi Kever

Mr Wallis by any chance. I like you think once the rig becomes available trp will move quickly upwards. Could even surpass PPP which moved up almost 1700% in about a month before dropping back and TRP could yet be the biggest percentage mover of the year who knows its a case of wait and see.

I got the information from the interview I wanted new well to be drilled before year end plus workovers. If that does not move the share price upwards over the next few weeks nothing will. judging by the time lag between question and answer it sounded as though Roland was abroad. But factual and to the point with plenty of information

Hi Fantastical

Just so you understand the background to my post that you think is tripe. As you are either new to this share or have a poor memory. It was Roland our ceo who in an interview as few months ago said that the share price was been manipulated by shorters, I assume that he had some sort of broker information for him to say that. Then last monday when the share price failed to move on GOI joint venture approval much to the shock of some myself included i feel its time to get to the bottom of why this is happening.

Hi Gordon

Must have mis read a post regarding cambay ccs . I thought it had been tweeted. However it seems to have caused a lot of interest. Pleased that the interview tweet is correct as we have had various items of fake news in the recent past.

Hi

Yes I agree with what you say however we have yet to have a RNS about Cambay ccs pilot just a tweet. We also cannot be sure that the interview tweet is correct. It's a case of wait and see.

Hi SprintRS

The first thing that needs to be established tomorrow is that the tweet is genuine and as well as Selan JV drills and workovers we have the new pilot ccs cambay project.. Therefore a lot to tell shareholders.

Hi Rellik

In answer to your question in the last five years I have learned a lesson how people and traders operate has changed many more invest for the short term 10 years ago my average hold was probably 2 or 3 years today its probably a year. I have a core holding which I add to usually buying more than my core holding however I have found it a mistake to buy too soon as big traders seem to take advantage of quite periods and the price goes down and I make less when I come to sell than I would have done had I waited until near the period of activity

Hi its not that I am negative medium to long term it's just that short term after the AGM which I attended short term the only way as I see it is down . Best to say it as I see it investors don't want to be caught out with the price going down otherwise they hesitate to buy when in a few months when the price starts to rise again which it will. AGM 's in general are a good thing to attend they give a realistic view in my opinion of what's happening.