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I have heard the same thing that Belize oil will be flowing in 2 weeks or less. I said Sept 25 and it could be before or after but a good target date. This will be huge news. And a new Texas well will soon be announced and thus the bopd the company will be selling plus the gas will bring in huge revs for the company. Our time has arrived and I am glad I am long and strong.
GO TECO
I agree with your post and assesment of TECO. Hedge funds buying is a good sign for Treaty investors. When they announce Belize wells producing then the pps will go up as more buyers buy. We can see now that there is large vol on the ask to keep the pps down.
GO TECO
I am sure they will confirm Belize has 2 wells producing oil and backing up Reid's update. I am confident TECO will do fine and oil will be confirmed soon.
GO TECO
Go TECO. Volume tells me we are on the right track and Belize will be huge for TECO's success.
Could be a hedge fund now thinking TECO is for real and is bidding 1.3 mil and deciding he was on the wrong side of the fence. Again, just my thoughts and I could be wrong but if right great for us longs.
GO TECO
Funny over 200K sold at .037 yet we still show 1.3 mil bidding at .037. Do you think this could be some trading between market makers for a show and yet would not sell to the real bidder? Just one of my thoughts.
GO TECO
The shorts will not take out the .037 when 1.3 mil is bidding. But if only 5K were bidding they would have taken that bid out.
So far we are looking good. Would love to see the pps at .041 today. Give us some more oil news.
GO TECO
It looks like .039 is coming and hopefully .04. Still some resistence on the ask. Yes .039 is now here.
GO TECO
Yes. Hope it helps our climb upwards today.
TECO
USD Treaty Energy Corp
Last [Tick] $0.038[-]
Change $0.001
% Change 2.70%
Bid 0.037
Bid Size 1305000
Ask $0.038
Ask Size 39000
Open $0.039
Volume 89,500
Day High $0.039
Day Low $0.038
Previous Close $0.037
Prev. Close Date 09/12/2012
You say will hit oil. I say we have hit oil.
The update tells all. The company is truthful and Madeley is one proof. More truths comning and Belize is gigantic. Over 500K revs for this the 3rd qtr which came on line late so imagine what the 4th qtr will bring. If you would not buy the stock at this pps then consider selling. Why hold a stock that you would not buy at this pps?
I consider an update as valuable as a PR. Shareholders that see this will tell friends and they will be watching. What I see now is many that do not believe but soon will not be able to dispute the facts. In 12 days we should get news on the Belize wells and this will prove we have 2 productive wells and will now be working on a 3rd well. My countdown to huge news continues for Belize and it may even be realized before my final countdown date.
Countdown to Belize oil - 12 days - 9/25/12. Don't be left behind.
GO TECO
Call it what you want but it is great news. lf both wells produce oil then tell me what your position will be? I know my position and it is long and strong. Texas is producing now and the expected revs for this the 3rd qtr is over 500K. Do you think that can happen? Can happen not but will happen yes.
GO TECO
Maybe more PR's coming this week which should be interesting.
What I see now is many that do not believe but soon will not be able to dispute the facts. In less than 2 weeks we should get news on the Belize wells and this will prove we have 2 productive wells and will now be working on a 3rd well. My countdown to huge news continues for Belize and it may even be realized before my final countdown date. Those who did not believe yesterday's news are only fooling themselves.
Countdown to Belize oil - 13 days - 9/25/12.
More economical to do both wells at the same time. Don't worry the oil will be flowing real soon.
The GOB will be on board when the wells are producing oil. Well we got the PR and a video bonus. We could show over 600K revs in our 10Q and there will be some who will call TECO liars. And yet we will soon be over 10 cents. Belize production will blow the pps way up.
Nice job TECO.
There should be PR's coming this week which should be interesting.
What I see now is many that do not believe but soon will not be able to dispute the facts. In less than 2 weeks we should get news on the Belize wells and this will prove we have 2 productive wells and will now be working on a 3rd well. So now I will begin my countdown to huge news for Belize and it may even be realized before my countdown date.
Countdown to Belize oil - 14 days - 9/25/12.
Only legitimate market makers or hedge funds have to cover. The crooks do not and will not cover but soon they will be forced to cover when the big news hits no later than in 2 weeks. Bookmark this post.
They have a lot to report and have reported a lot. This week you will see PR's and in 2 weeks the news will be huge and you will wish you owned TECO.
They do file which makes them fully reporting and I guess I was trying to say I would like the annual mtgs and conference calls for shareholders.
Fully reporting? Maybe. They do not hold annual meetings or even conference calls for shareholders where and when we can ask questions. When that happens we will have a much higher pps where they will be glad to answer questions.
I hear the Madaley well is done. Lateral drilling to start now.The 2 Belize wells are done and will now be perfed by Schlumberger and will soon be ready for production. Some wells are done in West Texas with low bopd. There will be PR's next week. Hope we can survive today's storm.
You say this
Asking qustions is easy, getting answers is always harder.
I say getting truthful answers is always harder
On other subjects, Mr. Reid stated, “I will be in Belize for a scheduled quarterly meeting with the GOB. While there I will observe the on going activity of drilling and testing for production on the San Juan #1 and #2 wells.”
Mr. Reid added, “News will soon be released on our West Texas operations that we believe will be very exciting for our shareholders.”
Mike knows a lot but just will not say. I just called Reid but he is in a meeting. I was told they are behind due to the week long hurricane. Someone can call this afternoon.
The pps will go under 4 today so a good buy will be later in the afternoon.
From July 31 PR.
On other subjects, Mr. Reid stated, “I will be in Belize for a scheduled quarterly meeting with the GOB. While there I will observe the on going activity of drilling and testing for production on the San Juan #1 and #2 wells.”
Mr. Reid added, “News will soon be released on our West Texas operations that we believe will be very exciting for our shareholders.”
So how soon is soon?
And why should we be skyrocketing? How many wells are producing in Texas? In July this is what Reid said.
Mr. Reid added, “News will soon be released on our West Texas operations that we believe will be very exciting for our shareholders.”
That was over 5 weeks ago. That is a long time and not soon IMHO.
If you knew who is selling how will that mean anything or make a difference?
DTL I feel your pain and you are right about TECO.
Hold for 5.2 cents. Nice to make money. Then you can buy back at 6 cents.
Am I seeing some buyers? Looks like it. If it holds it will be great especially for a long weekend. Nice to close over .043 or higher.
Nobody is buying and they are stacking the ask pps so we will be lucky to stay and close over 4 cents. And with a long holiday weekend that just adds to our woes. If no news next weeek then I will really be frustrated. Reid has said that soon we will be happy with the news that was coming soon and he said that a month ago. I would like to hear of one well we have drilled and that is producing oil. That is not too much to ask for since that is what we are supposed to be in the business of doing.
Just give me one well that we have drilled and producing oil. What happened with McCommas? Sorry if mis-spelled. That should be done and we should know the results. Mike knows it but will not tell us. Now I know he can not tell us until the companuy tells us but to say he does not know is not true. I would feel better if he said he just can not tell us instead of saying he does not know.
He couldn't tell you how many bopd were pumped last month, last week, last day, and last minute. The truth is he does know but will not say. That is one on the most important facts for this company and for him to tell me that he doesn't know or care is ludicrus. This is one of the many reasons the pps is falling and may go under 4 cents. And he says that is also not important to him but how about the shareholders. Most important to them. We need another PR guy or for him to give us the truth. Pissed off. You bet I am.
GO TECO
Have till Nov 15th to report. Write it down.
I know that you can get a cheaper freight rate when you can turn around a tank truck for a 2nd trip. So it would be in the company's interest and cost saving by doing 2 trucks per day like they did with their first sale.
GO TECO
177 bo = 7434 gals which is one nice full tank truck to market. If they can do 2 tank trucks per day then the pps will go up. It is not too late to get these cheap shares and when Reid tells us about the rest of Texas drilling like he said in his last PR then 10 cents pps will be doable.
GO TECO
Madeley F1 well in East Texas is now in continuous production. We apologize for delays caused by circumstances out of our control and now we are confident our production numbers confirmed by our financials will support the success of Treaty Energy's drilling program. The support we have received from TECO shareholders has been greatly appreciated. We are posting new photos and videos of this well on our facebook page.
You can view them by clicking here and don't forget to "like us".
You can buy my shares now. What is holding you back? You can buy anybody's shares now. Just put your bid in. And what made you think I am or will be selling shares?
We do have a large investment. I have no knowledge of the oil business but I deal with the facts with TECO and try to give an honest assessment of the company and where we are as investors. I believe we have oil in Belieze and maybe even producing it but we are under a gag order. Texas is a different story as there is no gag order and the drilling to date has been nil. Again, just too many excuses that do not make sense to me since TECO has said a long time ago drilling will done on a large scale. Are we out of our league? Like you I am still long and strong on TECO. It is just that their timelines to me are useless and someday they will execute when they say they will. For now they are not.