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Thursday, December 30, 2010 1:25:11 AM
http://www.oildrop.org/Info/Centre/Lib/7thConf/19980221.pdf
looks to me that plans to develop Iraqs heavy oil have been in place for a long time. The difference between now and then is government (willingness to work with the west) and technology to allow the processing of heavy oil(Sonoro technology).
I sure hope MHT is correct in Sonoro's ability to borrow against our exploration rights. From where I'm sitting, with enough cash, 2011 could be the breakout year we've all been waiting for.
Do your DD (and post findings if you see something worth sharing)
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