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Treaty Energy Corporation TECO
Posted On: 03/24/2015 5:58:59 PM
Post# of 39368
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Posted By: BULL2222
Re: BigSur25 #32941
One big problem, contractors tell you what you want to hear. Of Coarse this leads you to spend more and more cash. Oil wells are a tough go in the million dollar price range and it's difficult for to make many calls when you don't have a substantial cash reserve.

A successful business model requires capital reserve for such cases....

Even companies like HUSA are subject to catastrophic failure...

20 bucks to 20 cents.....

http://finance.yahoo.com/echarts?s=HUSA+Inter...near%22%7D














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