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Re: jsperrazz post# 4062

Thursday, 05/19/2011 11:30:21 AM

Thursday, May 19, 2011 11:30:21 AM

Post# of 12369
I'm not the authority on this Jsperrez....but it seems like the more seasoned investors on this kind of oil company stock have suggested that a 3d seismogram could take around 4 months...so two have already gone by...another two I GUESS......even though this is still a risk for stalemate, you got a nice add on Monday considering the risk reward scenario......Just consider this a high risk investment from here on out...not something you put all your money into.
.....and although the chinese are acting weird and hard to figure out.......they have also made statements..even if sometimes contradictory, that they want to resolve the south china sea so everyone can explore the opportunities there. There will be a conclusion to this eventually.......but how soon?......and in whose favor?, nobody knows for sure.
The risks are....Stalemate......Time runs out and they sell company to philex for pennies on the dollar......maybe 2 or 3 pennies......The chinese could demand for half of sc72 and The Philipines might get bullied into agreeing into that settlement,,,,,,,,,China is at a point where they continue to bully themselves into getting more than the law allows them to, or they can act diplomatically to market themselves more wisely as a world economic power.