Every company has doubts and especially penny sto
Post# of 39368
Every company has doubts and especially penny stock companies. It's just a matter of knowing what backing the company has for times when capitol is needed. Dilution in unacceptable and I am confident through my DD that it will no longer be required. 300BPD-400BPD from the next 21 wells is funded and will be realized by March IMO. One of the Belize holes has oil and the other doesn't. Two more Belize holes will be drilled shortly. Treaty has leased a combined 2,003,200 acres in Belize and the US. Louisana has 50 wells to work over. In West Texas TECO currently has 34 producing wells albeit some only produce .5 BPD and continually need repair, etc. Many more West Texas wells that in the injection stages to increase pressure and stimulate production. These W. Texas numbers don't include the TNC 21 wells starting next week. I bet many don't realize this. I predict 800-900 BPD by end of 2013 which will be 1.5 years behind schedule but still a major success for a capitol strapped enterprise under attack by stock manipulation. HAVE YOU DONE YOUR DD LATELY?
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