OTCPK:WSRLF - Post by User
Comment by
canadafoxon Nov 24, 2013 1:10pm
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Post# 21936041
RE:RE:RE:RE:RE:RE:RE:RE:Why Chandler was eager to liquidate?
RE:RE:RE:RE:RE:RE:RE:RE:Why Chandler was eager to liquidate?tw; 'Shamaran has not been a good share.'
SNM has not been a good share for LT investors. Do I really need to point this out? If you bought in recently it has been a good share from the low-point as Atrush is now looking good. The Lundins ( claimed previously as paragons ) were however touting Shamaran in 2009-10 with Atrush, Pulkhana (60% ), Taza and Arbat ( 60% ) as licences but only one of these PSCs now remains, the minority WI in Atrush. The Lundins' performance has therefore been very poor in Kurdistan relative to their 2011-2012 expectations.
I presume you accept this - or are you simply intent on knee-jerking around like a grass-hopper? E&P is uncertain as the Lundins found out in Kurdistan and there is nothing yet certain too about AOI - although that looks a good risk to me.