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Re: igotgame2star post# 34591

Wednesday, 11/26/2014 6:19:38 PM

Wednesday, November 26, 2014 6:19:38 PM

Post# of 44483

Going to DD to see if our CEO will be at the OPEC meeting tomorrow "hobnobbing" with the other BIG BUSINESS.

I would imagine that he will at the very least be on conference call there, IMO

There is really no need to do any DD on this as whatever OPEC does at the meeting tomorrow in Vienna will not have any impact on XUN Energy or the share price of XNRG stock.

"Big businesses" don't "hobnob" at OPEC (Organization of Petroleum Exporting Countries) meetings -- they have no standing aren't invited.

The decision makers who participate in this kind of meeting are oil ministers or other such government officials from the 12 member countries shown in bold below. Perhaps you are not aware that the USA is not a member of OPEC.

Member Countries

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.

These countries were later joined by Qatar (1961), Indonesia (1962), Libya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975) and Angola (2007).

From December 1992 until October 2007, Ecuador suspended its membership. Gabon terminated its membership in 1995. Indonesia suspended its membership effective January 2009.

Currently, the Organization has a total of 12 Member Countries.

http://www.opec.org/opec_web/en/about_us/25.htm

FWIW, it looks as though they're agreeing not to cut output: http://www.cnbc.com/id/102213999

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