TransAtlantic Petroleum Corp (TNP.U - was Profco) Message Board

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Gold/Mining/Energy : TransAtlantic Petroleum Corp (TNP.U - was Profco)

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To: Don Richards who wrote (247)	7/17/1999 6:48:00 PM
From: ogod	Read Replies (1) of 270

i made a size bet when i thought they were producing 10,ooo barrels a day in nigeria, and thought they had 9m in the bank, found out once i had bought a whack of this by talking to the company that they had zilch in treasury or close to it, were making zilck on the 10000 barrels, that winfield was a writeoff with minimum potential of fund recovery through lawsuit, these cretins couldn t find oil at a britney spears concert, and if they did they d probably lose money there too, the last straw is the pp at .20c, bad enough that they liquidated the bond at .25c to see all the paper hit the market, too bad, a half assed promoter could hacve done wonders with the story,

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