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smithsd7

12/06/10 1:09 PM

#13589 RE: smithsd7 #13588

Uhhh, make that post #13570.
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farviewhill

12/06/10 4:44 PM

#13590 RE: smithsd7 #13588

Thanks Smithsd7 for the links.
They go back awhile and I've read them, but it's now december and nothing new relative to definitive financing and actual drilling, other than the $250,000. cited and secured by TECO in a PP and the TECO stated funding relationship with Princess.
$250,000. doesn't go far at all in the oil world and there's been no confirmation of funding from Princess itself, or other sources, that I'm aware of.

As I've suggested before, this could be a company maker for TECO, but TECO has been long on talk and short on actual delivery of oil and secure funding in the past.

I'm an investor and want to continue to be a believer.
The uncertainties, of course, is why the price is what it is.
We need some new and solid developments and pr's, imo.
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USA*2014

12/06/10 5:57 PM

#13591 RE: smithsd7 #13588

That shows income. They sold and booked a quarter of a million dollars...Thanks

“In July, 2010, we sold a 5% interest in our investment in the Joint Venture with Princess Petroleum Limited (2.5% of the total partnership interest) to an investor for $250,000 in cash.”