lpgreg, your conclusions don't make any sense.
Post# of 39368
lpgreg, your conclusions don't make any sense. I've never seen an 8K filed about a Texas lease or an effort by TECO to publicize their analysis. TECO is pumping oil in Texas and you claim that is your basis for becoming a shareholder. The 8K below they filed about Belize in January, 2012 explicitly compares the lime cuttings to the great oil producing zones in Texas. Logic 101: Treaty drills in Texas and strikes oil on two wells so they know Texas oil and where to find it. They compare Belize samples from SJ no. 2 to great Texas producers so why wouldn't they be 100% correct in their findings? Why 8K their Belize findings but not their Mitchell or Madeley, or McComas, etc. It seems to me that if they are finding oil in Texas and that isn't worth an 8K but Belize is then maybe there is a lot more to Belize than meets the eye! Maybe because of the costs, logistics, and government politics it is just taking longer. I know folks who were on the ground at the time these mud samples were being analyzed by the geologist. These same shareholders were so excited about what they saw that they spent more time and money to go back to Belize and witness the wirelining results. SJ no. 2 collapsed so the wirelining couldn't be completed and no. 1 collapsed as well. No. 3 is being completed and IMO it will produce 100's BPD. It's one of the reasons I've continued to buy shares for three years and stayed the course. Personally I don't believe your a shareholder and if you are then your incentives are lacking.
The cursory field examinations of the cuttings samples indicate lime characteristics with good porosity and high saturation. On-site personnel evaluated the samples and concluded that the characteristics are very similar to some of the great oil producing zones in Texas, specifically the Ellenburger Lime, Hope Lime, Caddo Lime, and Edwards Lime.
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