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Anyonelse like the Inverted Hammer ? I'm not talking about a rock band or the WWE either. How does everyonelse feel about the spread between resistance and support getting tighter ? Bullish consolidation ?
http://en.wikipedia.org/wiki/Inverted_hammer
Keep fighting the good fight and GO TREATY ENERGY !!!!
Precisely, Im thinking this week to mid next week at the latest for a PR or shareholder letter. In the interest of remaining transparent by the end of the month would be very prudent.
It does appear we are setting up for a breakout as resistance has dropped from .065 to .06 and Strong Support at .056 and below. The recoil action to which might remind some of us of junior prom night here in the coming days !!! Straight up we go !
IMO no way that's the case. We at least get a shareholder letter or something !
Has anyone talked to IR I just would like to know when the next PR is coming out so we have word from the company that things are proceeding
All they need now is to release the hounds !!!
I am focused on where the stock is going not where it has been for 9 months. If you had fully read my posts you would see i stated those projections are not to create a "false timeline" meaning i think that is about the earliest people could or should start to expect a significant return on their investment. This is my timeline take it or leave it!
I am expecting a major update by then! I'm not gonna explain any further or give you a pie chart either just the next quarter ends late march and I dont anticipate having to wait for those #'s for an update on Texas and Belize.
Its entirely possible you need a break from following the stock or the board. Right or Wrong anyone that would be shocked that we could go to .20 by end of the month honestly shouldnt be in this stock!
P.S. Its leap year i forgot 29 days in February this year lol
Some people arent "built" for this. Better off buying some and putting in their limit sells and forgetting it. Speaking of cheap ones my bid finger is starting to itch
LOL and just where is your hat at ??? Yeah lets ignore legal documents and SEC filings. ??? If that isnt the pot calling the kettle black i dont know what is ???Your posts are very informative and i print them out and store them in file #13 so they can be appropriated to the right people ! Well everyone you heard it here 1st none of you know Jack except Cool lol ! Awesome !!!
We presently have just started last quarter reducing the debt load So in the ideals of good business practice. 1 quarter is a start, a 2nd is a pattern and 3 in a row would then be a trend. larger money would take notice rather than these smaller hedge funds. So we would have a pattern of paying off debt and future revenues increasing !
My experience here with Treaty has been that many penny companies are PR machines or just debt on debt on debt and just aquiring assets without revenues realized. This company so far is writing a different story and we are only at the end IMO of the 1st Chapter.
We are priced like a pinksheet yet fully report to the SEC. We are one PR on Belize away from .25 that is undeniable since everyone that did bail on the GOB news most I believe are still watching and will likely double down on news we made it to .13 in a day so .26 is a realistic leap for sure
Don't wanna create a false internal timeline here but personally I would be shocked if they didnt get something out in the form of a PR or shareholder letter this week when they have fresh public attention and momentum.
If we get more good news things before the 10q could easily equal .20-.40 by Feb 28 on postive progress in belize and prod #'s out of Texas and .50-1.00 by April based on the quarterly report !
Well hedging your pps is very smart. But once they post the latest production results from Texas and we get another good PR out of Belize. Percentages look great on paper and the computer screen but im sure once we have a couple more good PRs and a good quarterly report I bet even you will chase this on for a couple more $ :) Your PPS will be FUBAR'd over .02 but lol BOOOYAAAH .06x25000 shares 1500 bucks goes to .20 yep yeah worth dipping back in ill bet ALLBETS ;) You and I can afford to wait on news cuz techincally we didnt get in at basement level we were here when the building was built. The newbies lol here is the ground floor make your decision
LOL as a matter of fact i did sell some at .045 about a year ago from a lot i paid a grand spankin .01 pps for. Also basically took care of my initial investment as well. Im in at like .007 and .009 on alot more. I also have bought back in at .02 .03 .04 .05 .06 .07 .08 in gradually decreasing incriments
Keep in mind allbets not all of the people here have been waiting for this as long as we have. Patience :) We do need a PR though or a letter to shareholders to explain the next steps and where exactly the progess is
IDK but is that Hannibal Smith smoking a cigar over there ? I love it when a ... Well its not all there yet ;)
Like ive said before moneys money and it takes $ to make $ ! Congrats as well because if you have under 100,000 shares i bet you have the jewels to let it ride to the top ;p
So 5006 Shares shorted on january 31 ? or thats the avg ? This must be the 100 -500 share sells we see I still dont get how transactions like this move stocks. It does show a reduction of 75% on Belize news ... I am sure they are back now in force till more good news and more Buy and hold people pop in !
Much Appreciated! I agree Coolnapz posts will give you the in depth technical analysis and some of us will give the meat and potatoes factoids ! You will also notice i did not sensationalize any of my positive or negative notes on my list. I wanted to :) but I will let those out there searching and inquiring draw their own conclusions !
I also feel the stock now has enough "life" that its gonna grow and continue on without people like me. I personally believe its better than a coin toss this thing sees dare i say it ??? I'll wait !! GLTA! Except those walking this thing down to load up more to short it !
I hope anyone here thats in the stock say less than 6 months isnt using this board for their research. If anyone is so adamant about a topic one way or the other it brings to question the motives. I am not here to defend the stock as I now am to a point at where all the negatives do not have any basis to stand for me unless some new things arise.
Basically Texas is moving along slowly but surely... All the bashing really has left is one lone youtube video of one man claiming as far as he's concerned there is no oil and some links to some news outlets outside the US that look about as reliable as screen door on a submarine ...sounds like he really doesnt have 1st hand knowledge PERIOD... So once this is shown to be only political pandoring and illegitmant. Which in essence is the only thing holding the stock from another breakout! Then any doubts will be shattered like a bad game of Jenga !
Anyonelse need there ticket punched yet ? 10000 shares right now costs you 600 bucks. IMO this stock will be between .30-50 soon Based on .25cents Thats $1900.00 and a $ 1300.00 return... if im off by a couple pennies we'll say a cool grand. In the end yes this is just one mans opinion and Im not saying put the farm on it either but do u really wanna be on the sidelines when the WHOOPS comes out from the Belizian govt ! ???
Ive seen alot of pinks come and go but TECO has been here since 09' and isnt a pink anymore!! It's clearly building a base and by this summer building more and more ! My case ??? See Below !!
The positives are 1.govt incentives for upstart american oil co's
2. SEC Compliant reporting company
3. Ground floor entry at under a .10
4. Potential enormous gains /w/ Belize strike
5. already steady revenue out of Texas
6. Owns Drilling company
7. Oil prices are projected to go upward
8. Debt redution shown last quarter
9. Management has oil background
10. Finanical backing with hedge fund Level III
Negatives 1. Tenn/Kansas properties no revs shown
2. High Debt Load to current revs
3. Major Share dilution !
These are why im still here along with my noted drawbacks. As always do your own DD but I have been here awhile for a REASON !
LOL nice !!!
The fact this is a fully reporting company and that only a handful of their shares are even available to sell speaks volumes. Form 4's have to be filed if they were selling.
So in my estimation your analysis is correct. Too many legal ramifications for them to not have found oil after filing an 8k with the SEC. The only thing forwardly leading statement is the 5-6 million barrels.
At the end of the day we have a fully operating oil producing company thats priced with the pinkys on the preface of special things.
I also pointed out that a large portion of the stock ownership below .06 is solid and longs or insiders. Unfortunatley with our current stock PPS we get lumped in with Pinksheets even though we have results in legal print and multi media release on last 2 PR's.
I'd speculate that new $$$ don't realize this is the new bottom I already have over a million so i dont see me getting more than maybe another 300-500k to keep my margins looking as pretty as can be. But like i said 300% or 3000% Money is money i mean yep in the end those just getting in will regret not jumping all over this now IMO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71857716
volume kinda low 1st half hour so im looking at a flat to .065 close but lots of time left some 50000 + bids stacking. who was that big 100k bid ?
One of you other longs should slap that ask into the close
So a PR by late next week or early the following would be feasible then ?
I hope you are correct in the timeline with this if so we will be in the .30's soon very soon
agreed and I believe they have till end of march to file the 10q. So latest we'd hear financials technically is 1st week of April
Remember that "quiet time" we were in from around xmas to mid january wasnt in context all that long. So realistcally we should and will hear some public news by the end of the month.
The PR will likely include the 2nd well progress/completion
and transfer of materials stateside. I assume they will wait
till a public official in Belize can save face and take some credit for the discoveries! So no additional questions will be raised other than flow and production rates.
As far as the 10Q I would look for something by mid March based on general SEC compliance and deadlines. Sooner wouldnt surprise me though ! Once we have those #'s then its 2 quarters in a row of debt reduction and more revenue outta belize on the ready !
Meaning the quarter after that with Belizes #'s will cause our profits to soar more... Even if they are off on the 5-6 million on well one lets say we only hit on 3 more wells at 4 million a piece. Well of that size produce 2000-4000 barrels a day. Make that estimate a low one at say 2500 on 4 wells at 80 dollars a barrel... Thats Eight Hundred THousand Dollars Gross a day!!!
Also by mid March that election in Belize will be over and we will all be banking big time!
Money is $ so in minds eye anything at under .06 to me is nothing but pure profit. over 50% under our 52 week high but above the 3-5's we were at for months. Any longs that absorb the shares here and we move on to support at 06-08. Take a valium and put down the ipad. Longs dont need to look at the daily charts now just a News Release or 2 will set us loose !!!
I have fresh powder ready ! do u ?
whats good to know is that some of his shares are at above current market prices !
This is fantastic data that all should look at !!!
Note to self : Empty barrel of oil so that it can be refilled with the next batch of oil (Repeat) YAY !!!! Oh its old oil ??? guy posted its old oil lesson learned...Thankfully another nest egg saved by the samaritan ! Another 28 yr old checked out IHUB and saw the words no oil, he belived it !!! Poor kid if he only had been here since 2009! Oh well give me more!!!
I really dont need anymore shares but if i see anything below .056 I probably wont be able to resist ! Just hedging my avg pps up a little but im not gonna complain. Cuz $ are $ no matter the margin as long as its positive. LONGS SIT STRONG FROM HERE ON DOWN WE KNOW THIS... I would like to see an insider buy though if they dont do another PR soon.
Throughly agree!
If BNE bought us out what does anyone think the PPS offering would be then ? Now that would be a win win !!!
This post by Ericshon trumps all the negativity period !!! If someone doesnt believe the quarterly reports and 8k's and press releases through "normal" channels they should check out of the stock and quit complaining... We were between 3-5 cents for months now its at 6 I think im gonna keep on truckin because once the next legal document is filed about more oil and then the production #'s its paydirt.
Based on the fact Cho could hold out awhile means we must be patient as all us longs have. Like someone said before this isnt a lotto ticket its the real world.
It is my belief that anyone that has sold this prematurely though is missing out on a huge windfall of the grandest kind eventually. I dont blame those new to the stock to have doubt but look at the fact we fully report ... go to sec.gov and you will see this is a matter of fact.
Any of you new to the stock that are waiting for news that is responsible & prudent however you would be foolish to empty any positions now IMO as chasing it this time after all the PR buzz and gossip the word is out now ! So next time it wont go to .13 in a couple hours it will be minutes and it will be at a new 52 week minutes after that! Good luck if your nimble enough or build a worthy base now and relax like the rest of us longs. There is little resistance up to .078 So anything under that price is basically money that will WORK for you if you let it.
Many PR's and 8k filings along with quarterly reports and a public FB page with times dates signatures debt reduction & oil production
I will not be held hostage by politcal agendas and propaganda and neither should you. Every time someone has said Treaty cant didnt or wont they eventually have did or done. Been a stockholder since inception ! Only steady hands will win !
This is all anyone really needs to know about the project in Belize !
Treaty Energy Corporation (“Treaty” or the “Company”) today reported drilling success on its first oil well, San Juan #2, in Belize, Central America. Treaty reached the initial pay zone of 1235 to 1290 feet and found hydrocarbons at this depth.
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.
If you doubt then its all right here in legal transcript on file with the US GOV'T anything said to the contrary is false and propaganda meant to manipulate you and or the stock pps.
If you have environmental concerns contact greenpeace or go through the proper channels as they are not currently drilling in a protected zone !
http://filings.issuerdirect.com/data/1075773/000135448812000365/teco_8k.htm
The defense rests
This stock can easily get to mid .50's IMO within 6 months. Does anyone know at what level a stock needs to be at for larger firms to buy ? I know they cant legally get into stocks in pennys at most institutions ! Once that happens all bets are off ! Right now we're relying on independant fund managers, retail buyers, and entrepenuers.