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Treaty Energy Corporation TECO
Posted On: 09/21/2013 10:31:01 AM
Post# of 39368
Posted By: blindinvestor
Re: DTL #20207
DTL, for your information, data suggest that only about one in five companies live for a period longer than five years.  Think about that, and yes, look it up.  If that is correct, and for sure it's been a few years ago that I read those statistics, then only 20% of companies actually make it long term.  Treaty is into at least it's fourth year, I think.  And from the looks of things, they are finally getting more drilling opportunity that could lead them to being cashflow positive.  That would be a huge success in it's own position.  Their chances of making it are now better than average, and that's a good sign for investors.













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