Replies to post #32878 on Treaty Energy Corp. (fka TECO)

[jake09]

Another positive note, Coolnapz' previous valuations assumed oil at 80 a barrel anyway I believe.

[investtoski]

Unless Treaty actual pumps oil then we can worry about the price of oil. With hardly any oil being pumped the price is insignificant. The CIO says around 55 bopd but nothing anyone can show me says anywhere near that since they began the rework last summer. No filings, no proof oil was discovered in Belize and nothing on the drilling in TX. A whole lot of nothing is why the pps is dropping. I think the next we hear is that Wilson is being shipped to Belize and the other rig will get shipped back to TX which will delay everything another 2 months.