Replies to post #51504 on Treaty Energy Corp. (fka TECO)

[CashCowMoo]

I doubt we are dealing with people who would be open about cutting pay until good profits starting coming in.

I think there is still one leg left for them if they can get some good wells in TX to come in, but their overhead and costs seem so high it will take a while to recoup all the losses in my opinion.


Plus you have a high share count which hurts PPS too.