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  4. Treaty Energy Corporation (TECO) Message Board

Alright sunnybank I'm in.  I'll give you my predi

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Post# of 39368
Posted On: 05/18/2013 5:53:39 AM
Posted By: dandaman53
Re: Sunnybank #13087

Alright sunnybank I'm in.  I'll give you my prediction, and my reasoning.


EOY, .07. 


First of all realize that based on today's close, that is a 4+ bagger, and that ain't no chicken feed. 


The good news is that we have oil coming from new wells, we have the re-works that Bull facilitated, we have new leases, we have a new partner US Fuels and Belize actually might just work out.


The bad news is that we still have no 10's, either 10K or 10Q, so we are still flying blind as far as filings go, that is part of what is keeping us down.  We still have no numbers from the TRRC, even though from what I've seen the issue has been taken care of.  We still get the occasional run around when it comes to things like the Brown 22 well.  Belize might work out if the drill is actually spinning and they are allowed to continue, we really don't know for sure.  I have heard that we'll get a report this week, that would be good, or great if there is actually oil in SJ #3. 


I came up with the .07 by looking at the 1 year chart, and seeing that is our 52-week high.  That came in July of 2012 during the Madeley run up.


I can't say how much I appreciate the work Bull has done over the past couple months, both in his work in the field, and keeping us up to date.


I believe this thing has turned the corner, I'm glad to be here for the ride up.


 



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