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dloggold

05/15/12 3:24 PM

#32203 RE: Belize Oilwatch #32201

How much will the pumping equipment cost

investtoski

05/15/12 4:27 PM

#32208 RE: Belize Oilwatch #32201

Plus get the equipment down there and start pumping some crude. The appreciation of the stock alone for them would have been worth it. That's if the claims of finding commercial oil is true and wasn't a ploy by someone to sell some shares. Been known to happen before.

bullmarket2222

05/15/12 5:41 PM

#32213 RE: Belize Oilwatch #32201

They wanted between 60k and 80k to do the wireline logging....

That was the quote.

BULL

USA*2014

05/15/12 5:56 PM

#32215 RE: Belize Oilwatch #32201

I was told quotes of around 80k per well to wire line in Belize, a complete rip off and trying to take advantage of Treaty. I am glad Treaty didn't pay the ransom of 160k and instead purchased their own equipment and moved towards independence.

Maybe it cost the company time but in the end it should pay off big for the company and shareholders as well.....IMO