Arstegall, let me get this straight. From what you have posted, TECO has probable recoverable oil in the amount of about 6,000,000 barrels. And if we muliply that times say $80 per barrel for a conservative number, we then have a total potential production value of $480,000,000. Now we learn they have increased the shares to nearly 1,000,000,000. But, in figuring the value of the oil asset divided by the number of shares, you get about a $0.48 VALUE PER SHARE OF ASSETS. And that doesn't even take into consideration that they have possibly three fields in Belize of equal or greater size and doesn't give any consideration to the value of any oil in Texas, of which we know they already have production capability for sure in east Texas so there has to be a field there as well. And the stock is selling for about $0.05. And I would bet that the additional producable oil and gas would add another half a billion dollars to the asset value when the fields are engineered. That's really being tongue in cheek for that comment. What I see is that we TECO shareholders could very well be sitting with a company at $0.05 that has assets worth well over a billion dollars, possibly two billion dollars if the other fields in Belize are equivalent to the first and the Texas production field is only as large as the first one in Belize. Pssst. Do you think we might have a gold mine on the ground, er, make that black gold.
AI
