Replies to post #51371 on Treaty Energy Corp. (fka TECO)

[tdbowieknife]

That sounds logical...LOL!!

[go4pm]

what happened to the 6 million reserve???? is what i want to know! many people got hurt on that pr and something should be done to compensate investor loses from a pr that was totally false, then we don't even have the name of this company that told treaty we had oil. unreal is all i can say!! i lost 50% of my investment over this bs and TECO acts like this is no big deal??? wow!!

[panther2]

New World Oil with all its technology told its shareholders, "Blue Creek in Belize is the Company's most advanced project where drilling has commenced at B Crest, a prospect with un-risked P50 prospective resources of 92MMbo and a POSg of 1 in 5 as confirmed by a Competent Person."

latest news "Last week, the stock took a pounding, down as much as 45% as investors reacted to the news the Blue Creek 2A ST well in Belize had been plugged and abandoned due to insufficient quantities of moveable hydrocarbons."

It appears estimates don't always pan out and regardless of how much technology you apply to oil exploration there is still a little luck involved. No malice, conspiracy, SEC violation or pump and dump. Just an estimate based technology/experience that didn't pan out.