Wednesday, January 11, 2006 4:21:07 PM
DNO: detail of their legal viewpoint
<<
there has to be some concern about the validity of Kurdish vs national claims, unless it is just a ploy to share the wealth. Anyone comfortable adding at this point? Uncertainty creates opportunity
>>
On DNO's web site, they posted today a "Relevant Questions and Answers" page dealing with the Iraq issue.
http://hugin.info/36/R/1029488/164949.pdf
My own gut feeling is that if Iraq were a country with a sound legal and contract system, then they would definitely be in the right. However, since it still is a country dominated by chaos and uncertainty, it is difficult to predict if DNO's interpretation of the law will hold.
DNO is ~7% of my portfolio (it was 8.5% just a few days ago
.... ), so this concerns me. But, I've got set some low bids to snag more shares. As for today, I see this as an opportunity. We shall see what tomorrow brings.
Good luck to all of the DNO faithful.
JWB
<<
there has to be some concern about the validity of Kurdish vs national claims, unless it is just a ploy to share the wealth. Anyone comfortable adding at this point? Uncertainty creates opportunity
>>
On DNO's web site, they posted today a "Relevant Questions and Answers" page dealing with the Iraq issue.
http://hugin.info/36/R/1029488/164949.pdf
My own gut feeling is that if Iraq were a country with a sound legal and contract system, then they would definitely be in the right. However, since it still is a country dominated by chaos and uncertainty, it is difficult to predict if DNO's interpretation of the law will hold.
DNO is ~7% of my portfolio (it was 8.5% just a few days ago
.... ), so this concerns me. But, I've got set some low bids to snag more shares. As for today, I see this as an opportunity. We shall see what tomorrow brings. Good luck to all of the DNO faithful.
JWB
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