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  4. Treaty Energy Corporation (TECO) Message Board

Where do you get 80 BPD?  I hear Mitchell 34 are

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Post# of 39368
Posted On: 11/08/2013 4:39:39 PM
Posted By: DTL
Re: Dead Cat Bouncer #21811
Where do you get 80 BPD?  I hear Mitchell 3&4 are now producing a total of 50 BPD but regardless you still don't get my point.  I'm not confusing anything.  
For instance I don't care if they finish drilling 2, 3, 4, or all 5 wells by 12/31. I only care that they announced a date so now they should hit it or guess what the market will think?  
What don't you get about "crying wolf" and credibility?  Example:  If I was an investor in your jewelry store and you constantly told me you were going to net $3k per week but the next week you only netted $1.5K but  then you told me again "don't worry next week it will definitely be $3k this time" and then you promised at third time but missed that number again.  Would you expect me to remain an investor in your store?  I would say to you "you don't know how to anticipate your revenue" and/or "your always over-estimating your revenue".  I would lose confidence in you which is natural.  How many potential investors has lost confidence in TECO or are still on the sidelines due to the likes of the above example?  
How many dates can Treaty self-impose and miss.  Why don't we have the trading volume with all this good news?  We are now finally current so let's see if that improves next week's trading.  If you want to call me out publically then I will call you out publically. 


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