InvestorsHub Logo

Morts

08/23/12 9:59 AM

#40675 RE: Running1 #40674

I have a feeling that we will not see any significant news until after Sept 1st. I do believe the company continues to make forward strides. Go TECO! Morts

allbetson

08/23/12 10:08 AM

#40676 RE: Running1 #40674

We do have a large investment. I have no knowledge of the oil business but I deal with the facts with TECO and try to give an honest assessment of the company and where we are as investors. I believe we have oil in Belieze and maybe even producing it but we are under a gag order. Texas is a different story as there is no gag order and the drilling to date has been nil. Again, just too many excuses that do not make sense to me since TECO has said a long time ago drilling will done on a large scale. Are we out of our league? Like you I am still long and strong on TECO. It is just that their timelines to me are useless and someday they will execute when they say they will. For now they are not.