OTCPK:WSRLF - Post by User
Comment by
riskion Jun 18, 2014 1:55pm
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Post# 22671899
RE:While Iraq
RE:While IraqWhat has been holding this stock back for so many years is not a war or the potential thereof. It is the complete lack of reasonable cooperation from Bhagdad regarding Kurd oil. The relations have been strained since the outset. The hatred longstanding. Nothing positive or even fair was ever going to come from Bhagdad unless someone threw some dynamite into the middle to shake things up. Now we have our dynamite.
What we are seeing in the price action is the speculation that Kurdistan will become an independent nation free from the central government's (and by extension the world's) oppressive rules regarding the sale of their oil. Suddenly, this looks like it could end up more like Kuwait or UAE than ever before.
The smart money is in because the potential for substantial increase in value of this stock has never been more favourable.
The greatest opportunities await the brave investor who puts their chips on the table when there is blood in the streets. It's not for the faint of heart.