Two words best descibe the motivation of most oil men. The first is "discovery" (the prime directive) and the second is "sustainability" (profit and wealth).
I'm reading between the lines but it would appear the "new narrative" is TECO will find oil in Belize and then TECO will dump its treasury stock.
I'm glad the discovery phase is finally being behind us (in many respects), but there is no way a dumping is in the works: we have pads to build and drill in East Texas and more fields to discover in Belize. This is just the beginning ... although I love the Armageddon (comparisons) discussions and scenarios, the reality is we are simpy building a company, and being forced to jump incredible hurdles against incredible odds, in a land that is far, far away. It is simply a difficult job, but if we make money then all of Belize makes money, and those who invest with us will share more of the profits.
I've been investing for 30 years, and with or without Belize, this stock would appear to have "winner" written all over it. Multi-field development in Belize, with eventual offshore exploration and hopefully discovery, is what makes this company so special, There is no other company in the world, that is so small (and its shares so cheap), with so much land to explore. I will never witness another opportunity like this in my lifetime, and if there is commercial oil on our concession property then why would anybody even consider ruining this company with a quick cash out. It is both unreasonable and irrational.
We are all guided by different lights, and one man's false prophet is another's messiah. These boards are a testament to that fact. Oiljob
