Strata Power Corp. (SPOWF)

[wshaw14]

SOIGF is not going to do anything at any price even near $50.00 a barrel. Maybe at somewhere around $70-80 and stable. It will come, but it will take time. Saudis will get tired of dipping into their currency reserves. Though their production costs are low, their dependency on oil revenues because of their social programs. I have seen anywhere from $80.00 to $100.00 per barrel. They are aware that any cutting of social spending will result in an overthrow. Patience will be required for this one. I believe this may be their last effort to shake competition out. I of copurse could be wrong though.