RE: Smartinvest Actually, I am falling in love with China Blue and CNOOC. I did business with some China's state-owned companiess before for many years and I know they are serious once they make a decision to do something. Money is not an issue for them. They built a high speed railway only in a couple years spending huge amount of money. We may never see this high speed railway to be built in Canada or US in such a fast and efficient way. They do things in a different way from us. There is a chinese saying:"National interest is above anything else". Anyway, if WPX signed a deal with an Indian compay or YARA, I would not say anything and would sell my shares and walk away since I know the possiblity to build the mine is very low.
Somebody said chinese only uses WPX deal for political motivation to force POT to sell potash to China at cheap price. Do you think POT management is childish enough to believe it and sell their product cheap to chinese forever if China doesn't take any real action on WPX mine? You can fool people for one time. You can't fool them all the time.