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Tuesday, March 08, 2011 9:33:50 AM
china is more than likely being aggressive so when negotiations go underway, what they dont claim as their own.....they will force others to sell them or license them to feed their never ending consumption and growing need for energy.
there will also be a rush for service contracts in the spratlys when a compromise/agreement for stability has been made. I wonder who is most likely to benefit? philex should be one.
i almost hate to say it but a nice conflict including sinking of ships before this is settled and done might help to finally bring attention to this company and stock since p.r. is just limited to anouncing the bare minimum. why is this specific number of 440 mil barrels of oil coming up so easily now when it was never mentioned before. they say chinese research....so theyve been scoping it out earlier, and how reliable are their numbers i really dont know....
glta hopefully this resumes in less than a month
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