First let me say that I'm very happy your on this board and the last thing I want to do is come off like a neyseyer but I want to keep it real and other longs should as well. I am long and lately I'm trying to remain strong. Logic is starting to get in the way with my ability to remain strong. Your "pro-active" approach and ability to visit headquarters and look eyeball to eyeball with management sets you apart from most. That feedback is priceless for those that can't afford the time or money to do the same. Your willingness to share "what you can" is much appreciated. Quoting you say "My plan is 90 to 180 days to that 200 BPD" and then go onto say "I don't believe I'm way out there asking for this kind of production, given the facts, money, leases, equipment and funding are in place". I've mentioned managements pattern that is really starting to bother me. No need to answer since my questions unless you have time and/or feel like it since they are rhetorical and repetitive:
What was the driving business model that allowed the prediction of 1000 BOPD by June, 2012?
What drove that Lee Schlesinger letter that came out and basically described a 2012 fable?
What drove the 192 Madeley prediction based on supposedly poor feedback from the field?
Won't Belize SJ 1&2 bring in at least 200 BPD in short time? I don't care if we hear about it based on the GOB political stance. It's time for Belize to produce and it's revenue to start hitting the books so they aren't required to act like a typical penny stock and raise the AS again or give away more of the farm.
TECO blew the previous AS increase within months on numerous reimbursements for ??? and for expensive consultants who brought ??? value. Was the reimbursement to Reid for deferred salary or a transaction related to PLFF? Mike M. told me the increase was to be held in reserve for future deals. He is either full of shit or lying to shareholders or out of touch with management or Q3 turned direction in a hurry? He did tell me that Q4 and 1st Q of 2013 would be the true turning point.
In conclusion there are others on Ihub that seem to think an EOY catalyst is about to happen which everyone should take "with a grain of salt". I don't know if these members are heavy drinkers and only post when buzzed or not but these projections consist of insider knowledge or just a form of projecting hope on others. I know one of these other members also lives close to headquarters and mentions they are trading which I assume is on this knowledge that is suppose to bring the PPS to .20-.25. I would relay that he be careful for his own good! A shareholder can't know above and beyond the general public and trade on that knowledge so what's up with those posts? Zero credibility on that front!
I am hopeful that business fundamentals and credibility is improving as the 4th quarter progresses.
