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  4. Treaty Energy Corporation (TECO) Message Board

Still don't understand what they gain with this do

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Post# of 39368
Posted On: 09/27/2012 4:19:56 PM
Posted By: Slow Ranger
Re: coolnapz #969

Still don't understand what they gain with this downward pressure. I see it as an opportuity for those MM's to loadup at these prices and let it go.....They might find themselves in an ocean of money instead of this punny baloney.



Someone on the IHUB  ( the other one) that he heard that there is no oil in the Belize wells,,,,He said he had a good source...but then  again, they are bashers and what else would you expect...


My personal thought would be that there will not be any news for at least a week or two. They have to do all the reports for the month and now the quarter and hopefully evaluate what happened and what progress they expect for Q4.. By that time Madeley could be re-drilled to 6-800 feet and flowing again, West Texas could be really flowing with a couple more wells...They have 3 rigs...and they are supposed to be shallow ( I think) and we just might have Belizean oil..Remember, Reid said he didn't go there to fail !!! GLTAL



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