Indocan Resources Inc. (IDCN)

[steelpiston71]

Offshore oil prices and IDCN's success. How much do you feel the sucess of IDCN will be contingent on the current high price of imported barrels? A little poll with your insight to enlighten the masses. Of course, I'd like to see some that are of the opinion of choice #4 .

1) Completely contingent. If Oil prices move down even slightly from the current highs right now, we can't reasonably expect any success in this investment.

2) Somewhat. If prices stay the same, we should, with patience, still make a small amount on this play.

3) It's not necessary for overseas prices to maintain these levels, although it sure couldn't hurt the bottom line. IDCN will make a significant impact in the US by way of making domestic oil more available with or without help from high overseas prices.

4) None, very little. IDCN is going to be capable of making this a sound investment regardless of what happens outside the US. All it will take is time to increase US production levels, make key acquisitions, PR, etc.

Thanks,

steelpiston71