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Treaty Energy Corporation TECO
Posted On: 01/16/2014 5:45:13 PM
Post# of 39368
Posted By: DTL
Re: Vettehemi #24549
The stock is still under attack IMO. The Q3 and 10K has been advertised by management as turning points in their plan.  I predicted a while back that they would be late with those filings and that the PPS would continue to take a hit due to their snails pace.  Because I've been expecting this .007 or worse;  I'm not too surprised so I'm not too angry over it.  That said, if they Q3 and 10K do prove to show a turn around in performance with the sale of the revenue from oil on the Brown, the Mitchells, the sale of the Mitchells, the Stockton, etc  and expenses were indeed reduced as per Reid's words then the PPS will recover.  With the ongoing W. Texas well project and ongoing drilling the PPS will recover.  I bought more KGET shares when bashers were saying "no way" and you've probably read what it did.  I've been in KGET for a few months vs a few years so it took less time and I got in at a better time so very little averaging down was needed but just like KGET;  TECO will have it's day with no looking back!  I feel it in my gut and that is good enough for me!













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