Replies to post #6758 on Axis Energy Corp (AXGC)

[YankeMike]

Thanks for the link, but it doesn't seem like anything to be concerned about at this time. This is from the article...

Some Libyans complain about high unemployment, income inequality and limits on political freedoms, but analysts say an Egypt-style revolt is unlikely.

"Our argument has always been that Libya is very different from Tunisia and Egypt because they have got the money to buy off people," said Charles Gurdon, a Libya expert at consultancy Menas Associates.

"Now Benghazi is quiet. The banks are open and the students are going to school," the same witness said later.

[richard smith]

The NOC and Dr.Ghanem are completely separate than aligned with Gaddafi and his regime. He has no political interests or ties, which was key for him in taking the job as head of the NOC. The NOC is made up of many, including many who were in power before Gaddafi took over 40 years ago! Oil is where most of their monies come from, NO ONE will interfere with that. Not Gadaffi, Nor the people. In Fact Dr.Ghanem has put alot of programs in place for poor people along with Gaddafi with the oil profits they have been reaping. Does that mean and overthrow wont happen? No, as Anything is possible as Egypt is a good example. Business dealings wont get hurt by this, maybe delay but so far banks and schools and business as usual is going on in Libya while these protests are taking place!