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Thursday, 05/10/2012 5:10:17 PM

Thursday, May 10, 2012 5:10:17 PM

Post# of 116863
Belize News! The ship has sailed with the equipment, parts, substructure, and whatever else was needed for Treaty to resume operations. It should hit port first of next week. Allow probably three days or so for customs. The substructure had to be divided into sections for trucking and shipping purposes, and then when it clears customs in Belize will have to be trucked to location, in sections, and then rebuilt. So, hopefully by the end of next week, everything will be on site in Belize that is needed to renew operations. Possibly count on May 23d to the 25th for the rig to be set up and ready. That means drilling could begin again and possibly we will hear something by the first of June. Remember, this time Treaty has indicated they will have the confirmation of the Belize government and Princess before any news is out. Once again, MOMO is beginning to build. But... there's also news for Texas. The equipment, including the rig should be there by this weekend and it is probable that drilling will commence there by mid week, next week. The way I see it is any success within the next three weeks will drive this stock to possibly new highs. I know that .13 is a run from today's price, but confirmation in Belize and a hit in Texas sets this stock up for higher prices pretty darn quickly.

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