Replies to post #226 on ShaMaran Petroleum Corp (SHASF)

[RobinT]

Can you see past news on kinematik and futurcash comments? Company has oil reserves, and pipeline to export to turkey .... And last July IRAQ govt control of that export was denied. Shamaran had said in past it would voluntarily give Iraq govt a hefty % of profits, " because it should go to the Iraqi people, since they are Iraqi resources. The pipeline was completed within the last year or so. Check out the 2013 2014 investor relations reports. Unrest in area AND Iraqi govt interference WERE main detractors. Ruling on control of pipeline a big plus... Now, in my opinion, it's the "standard" unrest of the region and OPEC manipulation of oil prices in play. I'm no expert, just an average investor, who believes energy investments pay off.