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Re: balance_builder post# 64288

Saturday, 07/08/2006 10:38:00 PM

Saturday, July 08, 2006 10:38:00 PM

Post# of 363238
A buy in makes sense from this perspective. Let's say the China partner buys into ERHE and becomes a significant stockholder of the minnow, would this not help both Sinopec and ERHE? Here's why I think it would help. If Sinopec gained more oil rights in the region and ERHE had Sinopec as a significant partner, wouldn't be more difficult for the US to take away the rights from the shared interests of both parties? WhereasS the US would have to take over from not only ERHE but its significant parnter as well. It might be like attacking the shark to get to the minnow...much harder to do.
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