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Re: Running1 post# 30781

Tuesday, 04/17/2012 4:29:28 PM

Tuesday, April 17, 2012 4:29:28 PM

Post# of 116863
Running, I understand your concern. And it's your money at play. While it is no consolation to you, I also have a large number of shares. So, when the pps drops even .01, I'm down significantly. However, I have read and understand the situation TECO is in both in Texas and Belize. The position is kinda like a football game and we're starting the second quarter and already down ten points. Somewhat of an uphill battle, but the ground work has been laid. Some plays are working. Now's the time to refine everything and it seems like management now has the ball and offensively is ready to move. My guess is that we could see news sometime in the next two weeks on the resumption of drilling of the new well program in Texas. And I would say by three weeks we should see the resumption of drilling in Belize. Supposedly someone posted that they are going to redrill the first well down to 4000'. And someone posted they are looking for a second oil zone somewhere below 3000'. If they do find a second zone of even similar features as the first, ie., 6,000,000 bbls or so, then the stock is going to solidly head north of .05 and possibly back to .10 if the wireline tests confirm it. This should all take place within probably the next four weeks. Now is not the time to leave the game before even halftime, but rather see if success comes our way in four weeks. If so, we are off to the races and everything I posted earlier will come to pass. And then this will be just a forgotten episode as there is so much more potential for TECO that the first quarter of the first game will be lost in history.

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