Replies to post #5530 on Pedevco Corp. (PED)

[paideia]

"Today, shrinking global demand for oil is driving the price down once again. What's different this time around? Investors no longer seem willing to write the industry a blank check."

Seems to me that a bust in shale might be just what Kukes is looking for. A chance to acquire rich assets cheap. With no debt and apparently plenty of Russian money, what could be better? We don't need to worry about Russia or China INVADING the U.S. - we need to worry about them BUYING it, the parts that they don't ALREADY OWN.

https://www.cnbc.com/2019/01/08/chinese-middle-class-buying-up-american-residential-real-estate.html