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  4. Treaty Energy Corporation (TECO) Message Board

"when Treaty drills and hits more oil"  - now tha

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Post# of 39368
Posted On: 01/27/2014 9:39:30 AM
Posted By: 2020Investor
Re: blindinvestor #24802

"when Treaty drills and hits more oil"  - now that's funny - at the rate of discovery Treaty operates at the costs hardly outweigh the revenue - I'm only basing this on my knowledge of the past three years of operating results - you are the king of "ifs"  - if this and if that - I tend to base my thoughts on reality - what they actually deliver and that my friend is nowhere close to your pie in the sky scenarios - you have to at least admit that???

But again - to each his own - I wish you (and Treaty) the best in the future - I just don't see anything happening from a pps perspective for quite some time (and unless production delivery drastically increases).

As for the whole Belize announcement - if you don't think there was something a little squirly there you're just not being honest with this board.  6 M barrels and not a single drop pumped after three (maybe four) years - many investors got in based on that announcement - though I guess that's what Treaty wanted.  Just my opinion but I don't believe we'll ever get a drop of oil out of Belize but I hope I'm wrong as I'm maintaining a small (much smaller than what I had) in case they surprise us.



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