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Treaty Energy Corporation TECO
Posted On: 01/26/2014 5:51:58 PM
Post# of 39368
Posted By: 2020Investor
Re: Dloggold #24797
Yeah - must be the hedge funds fault for what's going on - not the fact that after announcing an oil reserve in Belize of over 6 M Barrels and still not one drop of oil out of Belize, countless projections and yet still under 100 BOPD, and very infrequently hitting a self imposed target date the pps is now hovering at what must be close to an all time low and dangerously close to 0.000 - but it has nothing to do with any of that - it's the hedge funds faults - come on people - enough already.

I do agree the pps is still not correct - it's still to high by a factor of about 7 (given current revenues of only a few $100 K.  My opinion is that this pps continues to drift lower in the coming months until the market cap gets closer to about $2 M - just my opinion but keep an eye out.

Good luck to all.













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