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Re: jdgpro post# 4799

Monday, 09/19/2011 2:00:39 PM

Monday, September 19, 2011 2:00:39 PM

Post# of 12369
good post jd..... it goes to show you how close we came to losing total control of our investment and seeing it become a worthless company..... some people on this board said i was overreacting but we are lucky that china didnt continue with their stupidity which beside our losses would equate to major war.

"Ismael Ocampo, the department’s director of energy resource development, said he’d like CNOOC to make a bid as that would mean Beijing acknowledges Philippine jurisdiction. But, with that unlikely to happen, he’d prefer a big American firm as “they have an armada of battleships” behind them."


shell needs to take the incentive and jump on board asap