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Treaty Energy Corporation TECO
Posted On: 05/09/2013 10:42:23 AM
Post# of 39368
Posted By: bigdaddy21c

Brainyboy, David McCourtney, only has himself to blame for losing on his Treaty investment. After the GOB disputed the oil strike claim, he could have sold his shares for .08+. After that he had many opportunities and much time to sell for .06 or even .04 and still make a profit. I've heard it mentioned he waited until .01 to sell. To win, I think he would have to prove fraud. It seems to me that would require an expensive and time-consuming investigation that would probably fail since Treaty has shown there is oil in San Juan 1 & 2 (just not commercially viable). If they hit in San Juan 3 he would probably have no case at all. He could spend a ton of money in travel expense to New Orleans and attorney fees. If he lost faith in Treaty, he should have just sold when he had a chance.














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