I have always considered Belize, like Ryan Howard of the Phillies. He could knock the ball out of the park and win the game with one swing, or he could just strike out which he does a lot of the time. IMO our money could be spent better here in the US, where we know there are leases that we could make money on. The biggest plus about the US is that the geography has been tested up and down, and there is a lot known about what lies below the surface. Not so in Belize. Look I'll be thrilled to death if they find oil in SJ #3, but if not, it will pain me to see them try another well however much that costs, as opposed to just spending that money on hiring a crew to do the Louisiana lease, to work on the existing W. Texas leases that we have. I mean Bull, Linda and Norm have been working constantly to get things rolling, if we had one or two more crews, it would definitely make a dent in the amount of work to be done. As far as the other concession that we bought, I'm not all that familiar with it. We need a couple wins here, and we'll start to move.
(0)
(0)
Treaty Energy Corporation (TECO) Stock Research Links