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DDHunter

06/21/12 2:34 PM

#64677 RE: Jim46 #64676

Blasting for ore,oilbird said his people heard some also.ant
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Bali

06/21/12 2:36 PM

#64678 RE: Jim46 #64676

It is going to be Sweeeet for sure....
SNEY current soon
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mikeymgd

06/21/12 2:49 PM

#64680 RE: Jim46 #64676

Well you may not want to question the oil price with me but rather a Oil Market Analyst. You may very well know more than this analyst but at the moment I do agree with his expectations outside of the ultimate price. I hardly see 16/barrel as realistic. 40 seems very realistic and falling into the 60's has a very very very likely chance of happening soon. I can appreciate that you work on an oil rig and know how the operations work but not sure about the global economies and currency exchanges. After all they have just as large an impact in price as overall production levels.

I appreciate the perspective and I will certainly eat crow if in the coming months oil is back in the 90's or upper 80's. I personally feel another 20% downside is coming in the next couple of months.

Also I cannot figure out what you are trying to say about an explosion at SNEY's concession. Is this a metaphor or are you aware of things going wrong at SNEY? I cannot see why there would be an explosion on a river in SL unless you know of problems with the dredges. Sorry but you lost me on that one. Maybe ant can decipher.



Thanks