Treaty has the financing in place to do many wells
Post# of 39368
Also pps on a stock will have little or nothing to do with profits for the first few years.This stock will rise on perceptions for the future based on the real drilling going on and how long Treaty can sustain that growth pattern.It make no difference whether in Texas,Belize or any other area of the world. As long as bbls/day show steady increase the stock will start to attract other investors beyond any of us on any of these chat boards .
In my opinion if Treaty does drill five successful wells by year end and results are similar to the Mitchell wells then I expect to see at least .05 or higher by year end.
I buy this stock every day and do so based on my opinion just expressed to this board