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ts1226

03/05/06 9:12 PM

#28516 RE: RUBY1100 #28509

agreed to much here to mess up.
since oil has been found (we think) everyone is itching to find out how much is in all the blocks. stp, erhc, ng, cvx, sinopec, addax, etc. all want to get the ball rolling. they will haggle up until the last minute, but every day they wait is one day closer they could have been to turning a profit. i dont think this will terminally explode because the lawsuits would tangle this thing up for years. AND NO ONE WANTS THAT. all psc's might or might not get signed by march 14th, but if not they will be signed soon after. i havent confirmed this with my source. These are just my opinions because these are business men, and they all know that the only thing dragging this out will do is make some attorneys billable hours go through the roof. plus they could lose a lot more than they would probably gain.
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redinvest

03/05/06 9:12 PM

#28517 RE: RUBY1100 #28509

Anyone ever read the book, " Confessions of an Economic Hit Man " ??

Does STP owe money to the World Bank ??

You will be shocked by how parallel this is to what's happenning in the GOG, and specifically STP.

JMO

Red