Not the kind of news I was looking for but it does peak my interest. The article if you noticed was a bit vague and brief.
Keep in mind that in no way is the IQD a get rich quick scheme. This is the longest of the longs. Any "major" jumps in value won't happen for several years.
IMO It's going to require ME and MY counterparts to be sent home from Iraq. Iraq will then have to stabelize it's government and infrastructure. After that takes place (if not before) then it must produce. It doesn't do much good to sign deals with major oil companies if they can't stay alive long enough to get the oil to market. It also doesn't make much sense to pump it into a corrupt bottomless pit. There's a lot of work to be done.
I see way too many people over here and back home salivating over the possibilites. It's good to dream yes, but at what cost. Never spend more than you are willing to lose!
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