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jbsliverer

01/31/12 4:29 PM

#20423 RE: techno53 #20422

That might be, but potential does many times not turn out in that business. Tejones (Gouger) has a record of stating lot's of potential but very little or nothing to back it up from his wells or his oil operations. One of the expenses for shareholders is the payments to the operating company (in this case Tejones), so like a stock broker, makes money whether or not a lot of oil gets produced. That's aside from any share ownership in his penny companies.

Would you have a official link to those "geology reports", not just PR's or the like that states them? Just curious, might be out there, just don't seem to have any in my files at the moment.