Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Can it be that the BOG did TECO a favor by making TECO go these extra steps to prove the oil on their 1st well? They will now repipe the well and go down to 4000 feet and this could show more pay zones and even more than the 5 to 6 million barrels of oil? Think of it. Maybe even TECO realized that they should have made better plans that would allow them to go deeper. So the results could/will be better than anyone thought and propel the pps up over 20 cents. Just a thought on my part. Go TECO.
I think that he may not even live in Belieze. Bull is accurate in his report and soon TECO will have proven results as if they do not have proven results now. Go TECO.
I may be wrong but I believe I am seeing some buying today. It would be nice to break .05 today. Go TECO.
I am sure the IR will answer all your questions. But as usual no one wants to call him. How about you calling and give us some feedback? I would appreciate your help. Go TECO.
Only 36K shares were sold/bought under .0479. So is there a concern now? I don't know. What is evident is that there are no buyers now and maybe the same can be said for sellers. Small blocks with not much value is taking the pps down. That is the sad thing. I guess little by little investor confidence is eroding. It will be important to see how the trading goes at the end of the day. Let's not forget the huge investment TECO has made in buying equipment and also having investors buy into TECO.
And Mr. Gwyn in not one to join TECO if he did not think TECO has a great future. The company says there is oil in Belize and time after time they must prove it to the GOB. In 2 weeks it will be proven what TECO has known. And with TEXAS drilling the same time frame and results will also be known. So place your bets one way or the other and soon the winner will be known. Go TECO.
The usual, buying a new rig, getting parts and repairing existing rigs and moving the rigs to the locations. In 2 weeks this will be all moot. They will have 2 rigs drilling in Texas and Bull will update us on his trip to TEXAS. Go TECO.
I said a week ago that they should be drilling in Texas and it should have happened but again things they did not count on caused delays. I am now hearing in 2 weeks Texas and Belize should be drilling big time and so by May 1st we should be on our way. This is longer than I expected and hope they can meet this timeline. Some day we may not even talk about all the delays TECO has encountered and I hope that day will be July 1st. So in the meantime we have to tighten our belts and in doing so we will be well rewarded. Go TECO.
Your first post. A nice one. TECO will do just fine. News is around the corner. Go TECO.
I guess I was right in my assessment. So tell me, who bought?
Go TECO.
I will say no more. I am frustrated being told one thing and only to find out otherwise. I am tired of all of this and will just sit patiently and wait for things to happen. To tell you the truth I will be just as happy if we get over 10 cents by July 1st and I am sure others are looking for more as I am but will not complain as long as we are over 10 cents. Go TECO.
Sorry but that is what I was told. Of course it would not be the first time I was told something that was not true. But if I can't believe what I am told by the company then so be it. How do any of you know when the rig was delivered? Who called the company and what were you told? I would like to hear what you were told.
Good luck.
No new interest in the stock due to many delays and causing doubt in potential buyers. Texas news is long overdue since the rig has been there for 2 weeks and Reid said they would begin drilling as soon as the rig arrived. This does not make the company very transparent in my eyes and others view it the same way. No Texas news makes me think that maybe they hit a dry well? I hope not.
They put out good news very fast and Texas news is slow. Can you blame shareholders and investors for feeling this way? Your comments tells me you feel this way. Go TECO for what it is worth.
Price dropping. You could see it under .05 today. Let's see who steps up and buys at .049.
Now they are waiting for parts for the big rig. I thought the big rig was repaired and ready to go. Guess I was wrong. So they said 3 pay zones and that the well will produce 50 bopd? Video was not too clear. I hope you are right in that it will not take 30 days to confirm oil. Thanks. Go TECO.
If it is going to take 30 more days or so to finish the drilling and wire logging of this well then you will see it in the 4's. I do not want to see it there and if they do not give us news on Texas drilling then 4's are a possibility. Again, hope not. Go TECO.
I am not concerned but the 10K should be out by now. Looking more for the 10Q. And also word on the 1st well drilling in TEXAS. Go TECO.
I love your post which is telling me that TECO has oil which we all believed and that we will soon get good news. Have they started drilling in TEXAS? My guess is that they should have completed one well by now. Go TECO.
I am sorry if I used the word happy. I do not understand your last line. Go TECO.
Let me know if this works for you.
http://groups.yahoo.com/group/WealthyPenny/photos/recent/1810354981/view
Yes I know how things work in the real world. Delays happen but does that mean I have to be happy with delays. If your house takes a month longer to complete and it costs you more or you have to live in a hotel you should be happy? That may be your world but not mine. I was told for a fact by IR that the head of Princess was unhappy with the delays in drilling the first well and went to oversee the drilling and it was delayed. I said I could understand complications in dealing with Belize but Reid said that as soon as the rig hits Texas they will immediately start drilling. His words not mine. And to drill the 12 wells should take 60 days. 5 days to complete a Texas well. You can check this out. I am not unhappy to be an investor and have a nice profit now and yes I understand delays but to tell me I have to be happy with that is not your call. I may be unhappy now and very happy next week. That is how it is with human nature. Again, not your call. Go TECO. Bull - Thanks for the pictures. Beautiful.
And some have said that Belize is just a bonus and that TEXAS is the reason they have bought this stock. Myself I bought it for Belize and if that failed then TEXAS would still carry this company forward.
Sorry not my timeline but theirs. So now we can expect more delays in TEXAS? Their IR guy told me they shouldn't put out timelines because they may not be met. The company said they would be drilling this past week. So I do not share your view. Belieze could be excused but not TEXAS. I am hopeful they have drilled in TEXAS and either completed or near completion on a TEXAS well. So what is wrong with my view only that it does not agree with your view??
And for your info I have millions of shares though maybe not as much for you.
My mistake. But some were pictures of the truck on the way to Belize. That threw me off. So can we expect some results or because it was not completed we can expect nothing? Of course the company will say nothing but maybe Bull can clue us in?
Those are old photos. Not current.
Since they were to start drilling last week in Texas and it only takes 5 days to drill a well will we get any news on the wells or will we get more delays? Since what has just happened in Belize then I consider Texas news imperative. Anyone disagree with me?
Where do I see these photos and video? And anything else you can provide me? Thanks.
And by the way they were supposed to be drilling new wells in Texas last week. Supposed to take 5 days to complete a new well in Texas. Where is the news on that? I am long and even bought some shares yesterday but too often we are getting too many delays and excuses. I thought we had experts in drilling wells. Am I wrong with my new concerns?
Will you wait for the IR to contact you or will you have to call him??? Go TECO.
I agree and did not see that post so I guess IHUB deleted it. You can TOS the post when you see it. At any rate I guess it was tossed. I will report posts to IHUB as soon as I see them and believe they should be tossed or deleted. Go TECO.
Can you tell me when Max arrived in Belize? I was told he flew in last week. Good luck with the test. Go TECO.
That states having an intention. Does not mean he must sell. Go TECO.
Can you copy and post that for us. I do not think that is correct.
Thanks.
They are a full disclosure company but if the lender does not want to be known then what do you say, sorry I can't take your money?? Just common sense. Sometimes we expect too much from this company. Would knowing the lender make a difference to you? I think not. Too much speculating on this board by those who have too much time on their hands. I do know you mean well as does TECO. Go TECO.
And what if the investor does not want to be known? You have no right to know who the investor is. Sorry. Go TECO.
Bull - Can you update us on what happening??
Thanks
CSTI is on the ask for 5K but we all know it could be 200K. Hope TECO gets to .058 today. Go TECO.
Could it just be that someone needed money and sold 1 mil shares?
My guess is the MM bought cheap shares and did not sell shares to depress the pps. I say that we will not go under .05 and if we do it might be for just a few shares where you could not buy 50K.
Today we go to .057 and higher. Go TECO.
I doubt you will see it under .05 tomorrow. But good luck. You missed out and that is all there is to that. I would not be surprised if the MM ate up those cheap shares. No more cheap shares tomorrow.Go TECO.
Wrong. Just some fool selling 1 mil shares. We are going over .055 tomorrow. 160K at the bid of .053. Tomorrow will be a good day. Go TECO.
Make your reservations for early the week after next since it will take 5 days give or take to complete the well. There will be a heavy tariff to get it out of the country. Go TECO.
Lot of resistance at .055 and if we could break that then I know there is good news and we will have a good day. Go TECO.