Black Dragon Resource Companies Inc (BDGR)

[Ajor1]

***Saudi Arabia's ambassador to the United States, Prince Turki al-Faisal, said Tuesday that world oil prices could triple if the diplomatic standoff over Iran's nuclear program escalates into a military conflict.***

Oil is still just under $70 per bbl. Iran is unpredictable and very subborn. I'd say it is more likely than not that Iran is stopped via military means, either via Israel or the US. I am for this as we can not allow these people to possess nuclear weapons. They are not responsible enough, IMO. I'm not even sure the US is responsible enough, but to allow Iran to have nuclear weapons, if the world can stop it, would be irresponsible.

Can you imagine how things would go for BDGR with $200/bbl oil? I'd be surprised if it ever hit that high short of Saudi Arabia cutting off oil exports, but who knows.

BDGR: $1.12b $1.13a

Ajor