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Roundandroundshegoes

06/16/12 3:41 PM

#1175 RE: JB3729 #1174

Good summary, I think #4 is the one I look forward to the most, as I have my views on how much oil is down there, but if they come up with numbers like mine, we are going for a wild ride.
If the markets go for shite this week, I expect some sale price AOI, as I am pretty sure TD won't be reached and all the panic merchants on boards like Stockhouse will get wobbly knees, as they still think TD is on Monday. So if prices pull back I will load up the truck for the first catalyst.

Scarbender

06/17/12 5:11 PM

#1178 RE: JB3729 #1174

Another thought crossed my mind for a catalytic event to spur share price. My sweethearts ex husband (a deceased naval officer) and American hero in my mind, was an intel officer who specialized in strategic Chinese targets among other things and the importance of the Straights of Hormuz for international commerce. Now imagine, if the Iranians were capable and nutty or desperate enough to close (mine) the Straights, as well as blow up and sink a cement carrier in the Suez. Oil transport from the Iraqi, Iranian, Saudi areas would be severely impacted. Now how important is the pipeline from Uganda and the refinery at Mombasa/Lamu? Something to consider as politically very timely, urgent....and safer than Dharoor, Puntland.