I base mine on O/S count ... support levels on the

I base mine on O/S count ... support levels on the chart currently and where the stock has retraced through before...  a guesstimate on Belize in the neighborhood of 80-300bpd.   My due diligence since the inception of the stock and seen all falsehoods and bash claims fall to the way side except Belize to date... My due diligence dictates I remain long buying in smaller quantities as to keep my average PPS down.   Its also based on a minimum of 1 new well a month over the next 4 months  and a maximum of 3 ...    So anything over 3 a month and Belize over 300bpd  puts us into uncharted waters .... This also is factoring we get 33% or better on all leases going forward anything at 50% or above shifts it above my trends by another tick or 2 depending on oil prices when they go to market and TRRC #'s

Knowing what I know buying under a nickel is a short term guarantee and virtual lock for flippers to quadruple up to the all-time high !  Only reason it should pause at .12-.13  is the psychological thought OMG gotta flip & take profits here after 2012 incident...If Standard is a base hit meaning just 30-60 barrels  and Stroebels come in under 100  we should trend in the .10-.20 area   if we get to 1000 total though specuation is over for the big firms and we go into areas most people just dream about. Enter the Belize X-Factor !!!

To me what is hilarious is before we didn't know what delay was gonna happennext  now the bashers have no clue as to whether Belize is hitting 1st or say next week we see Bull on the Standard Lease testing and pounding !! or Stroebel....not to mention potential lawsuits against torturous interferers !!!

TECO is still a gamble but now its only a gamble as to how much you will make not whether it can or will !    Where that stops ?? Only when the oil does and everyone to decides with there mouses and brokers

Its your nickel native !