Treaty Energy Corp. (fka TECO)

[Allisone]

Well Summarized.

akphidelt Member Profile akphidelt

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Saturday, February 04, 2012 11:29:56 PM
Re: None
Post # of 26448
It doesn't matter who's right or wrong... all that matters is what the Belizean Govt says. Shareholders don't win in this situation unless oil is pumped and money is made. I don't care if people call me a basher, because I am not a basher, just a shareholder who has dealt with this company for almost 9 months. And since I am long in this company and only care about oil it doesn't matter to me what the PPS is.

I'm really disappointed that drilling was delayed for 4 months because they were supposedly dealing with the Belizean Govt, than when they finally "strike" oil the Belize Govt acts like they have no interaction with Treaty at all.

And the fact that Treaty has repeatedly made estimates on their BPD in Texas that were WAY off, makes me very skeptical of this company.

I will hold on to my remaining 400k shares for a while... but as a long time shareholder, I am very disappointed at what has been going on with this company. And any Treaty shareholder that can't talk about these issues truthfully with out putting up a puff piece of $.25 PPS and how awesome Treaty is, is just as bad as the bashers.

Well said. This company has both tremendous potential and tremendous risk. The Risk can be minimized if TECO would realize there is nothing wrong with having "bad" news along with "good" news. Just like Apple and Google and every-other fortune 500 company. Stop the CIA tactics However, this is the current situation for now so one must do extra due diligence.